Added to YB: 2024-10-04
Pitch date: 2024-10-03
CLIG.L [bullish]
City of London Investment Group Plc
+12.5%
current return
Author Info
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Company Info
City of London Investment Group PLC is a publically owned investment manager. The firm provides client focused equity portfolios.
Market Cap
GBP 251.3M
Pitch Price
GBP 3.36
Price Target
N/A
Dividend
8.55%
EV/EBITDA
6.92
P/E
13.03
EV/Sales
3.03
Sector
Capital Markets
Category
dividend
Show full summary:
City of London Investment Group PLC (LSE: CLIG): Key Takeaways for UK Investors in 2024
CLIG.L: Specialist CEF manager, $10.2B FuM +8.8% YoY. FY24: Revenue +1.1%, PBT +2.3%, EPS -2.5%. 8.66% dividend yield, 1.19x cover. Strong EM/Int'l fund performance. Risks: geopolitical, currency. Growth in EM, KIM expansion. Attractive at 381 GBX for income/growth investors.
Read full article (3 min)