A U.S. Hedge-Fund Star Wants to Rescue British Investors. They Should Thank Him and Leave.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 17 2025
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Source: WSJ
Controversy in the Fund Industry: The closed-end fund industry in Britain is facing a contentious debate over whether it should be saved, fueled by Boaz Weinstein of Saba Capital Management, who is passionate about investing in these funds.
Impact of American Investment: The involvement of American money raises questions about its potential to either rescue or further harm the struggling British closed-end fund sector.
Analyst Views on CEFS
Wall Street analysts forecast CEFS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CEFS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 23.040
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Current: 23.040
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
