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Western Asset Global Corporate Defined Opportunity Fund Inc Stock (GDO) Forecast

The Western Asset Global Corporate Defined Opportunity Fund Inc (GDO) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $10.11, representing a -13.58% decrease from the current price of $11.70. The highest analyst price target is $10.44, and the lowest is $9.7861.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month GDO Price Target
Average 9.9047 (-15.34% Downside)
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Is Western Asset Global Corporate Defined Opportunity Fund Inc (GDO) A Buy Now?

Oscillators
Name Value Action
RSI(14) 29.81 Buy
STOCH(9,6) 19.87 Buy
STOCHRSI(14) 34.49 Neutral
MACD(12,26) -0.1578 Buy
ADX(14) 35.30 Sell
William %R -90.20 Buy
CCI(14) -159.91 Sell
Buy: 4 Sell: 2 Neutral: 1
Summary: Buy
Moving Averages
Period Simple Exponential
MA10
11.88
Sell
11.84
Sell
MA20
11.90
Sell
11.95
Sell
MA50
12.37
Sell
12.21
Sell
MA100
12.46
Sell
12.34
Sell
MA200
12.40
Sell
12.34
Sell
Buy: 0 Sell: 10 Neutral: 0
Summary: Sell
According to our latest analysis, GDO could be considered a Strong Sell, with 17 technical analysis indicators signaling 4 Buy signals, 12 signaling Sell signals and 1 Neutral signals. This might not be a good time to consider opening new positions on GDO, as trading bearish markets can be challenging and may result in losses.
  1. RSI (Relative Strength Index): The RSI(14) value of 29.81 indicates that GDO is oversold. This indicates that GDO price has experienced a significant decline over a specified lookback period, potentially leading to a rebound.
  2. STOCH (Stochastic Oscillator): The STOCH value of 19.87 indicates that GDO is oversold. This indicates that GDO price is at or near the lowest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 34.49 indicates that GDO is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 35.3 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -159.91 indicates that GDO is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.

Long-term GDO price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Western Asset Global Corporate Defined Opportunity Fund Inc financial reports and earnings history, Western Asset Global Corporate Defined Opportunity Fund Inc (GDO) stock could reach $3.9547 by 2030, $6.8681 by 2040 and $22.40 by 2050. See the projected annual prices until 2050 of the Western Asset Global Corporate Defined Opportunity Fund Inc stock below:

  • Western Asset Global Corporate Defined Opportunity Fund Inc (GDO) is expected to reach an average price of $3.4366 in 2035, with a high prediction of $3.6899 and a low estimate of $3.7966. This indicates an $-70.63% rise from the last recorded price of $11.70.
  • Western Asset Global Corporate Defined Opportunity Fund Inc (GDO) stock is projected to chart a bullish course in 2040, with an average price target of $6.8837, representing an $-41.17% surge from its current level. The forecast ranges from a conservative $6.9504 to a sky-high $6.8681.
  • Our analysts predict Western Asset Global Corporate Defined Opportunity Fund Inc (GDO) to jump 19.31% by 2045, soaring from $14.28 to an average price of $13.96, potentially reaching $14.71. While $14.28 is the low estimate, the potential upside is significant.
  • Western Asset Global Corporate Defined Opportunity Fund Inc (GDO) stock is expected to climb by 2050, reaching an average of $22.62, a $93.32% jump from its current level. However, a wide range of estimates exists, with high and low targets of $22.40 and $22.49, respectively, highlighting the market's uncertainty.

Western Asset Global Corporate Defined Opportunity Fund Inc Stock (GDO) Year by Year Forecast

Western Asset Global Corporate Defined Opportunity Fund Inc Stock (GDO) Price Forecast for 2024

Our forecast for GDO stock price in 2024 now indicates an average price target of $11.36 with a high forecast of $12.94 and a low forecast of $9.7861. The average prediction reflects an decrease of -2.88% from the last recorded price of $11.70.
Month Average Low High Change from today's price
December, 2024 $9.8461 $9.7861 $10.44 -15.84%

Western Asset Global Corporate Defined Opportunity Fund Inc Stock (GDO) Price Forecast for 2025

Western Asset Global Corporate Defined Opportunity Fund Inc Stock (GDO) is expected to reach an average price of $9.9047 in 2025, with a high prediction of $11.38 and a low estimate of $8.4341. This indicates an -15.34% fall from the last recorded price of $11.70.
Month Average Low High Change from today's price
January, 2025 $9.9337 $9.5068 $10.05 -15.10%
February, 2025 $10.35 $9.7973 $10.36 -11.56%
March, 2025 $11.06 $10.34 $11.16 -5.45%
April, 2025 $10.74 $10.68 $11.38 -8.21%
May, 2025 $10.97 $10.72 $11.11 -6.21%
June, 2025 $10.91 $10.62 $11.11 -6.77%
July, 2025 $10.50 $10.48 $11.03 -10.30%
August, 2025 $10.45 $10.28 $10.63 -10.66%
September, 2025 $9.0611 $8.4341 $10.36 -22.55%
October, 2025 $9.1763 $8.6993 $9.2582 -21.57%
November, 2025 $8.5945 $8.5374 $9.2034 -26.54%
December, 2025 $8.8197 $8.4785 $8.9556 -24.62%

Western Asset Global Corporate Defined Opportunity Fund Inc Stock (GDO) Price Forecast for 2026

The predicted value for Western Asset Global Corporate Defined Opportunity Fund Inc (GDO) in 2026 is set at an average of $8.7572. Estimates vary from a peak of $9.7108 to a trough of $7.8035, indicating an -25.15% surge from the present price of $11.70.
Month Average Low High Change from today's price
January, 2026 $9.1215 $8.6767 $9.1678 -22.04%
February, 2026 $8.786 $8.756 $9.2019 -24.91%
March, 2026 $8.5941 $8.5401 $8.8891 -26.55%
April, 2026 $8.1093 $8.0293 $8.7112 -30.69%
May, 2026 $8.2375 $7.8035 $8.3574 -29.59%
June, 2026 $8.6656 $8.1045 $8.6756 -25.93%
July, 2026 $9.4408 $8.6627 $9.7108 -19.31%
August, 2026 $9.089 $9.034 $9.6179 -22.32%
September, 2026 $9.2842 $9.071 $9.4701 -20.65%
October, 2026 $9.2423 $8.9953 $9.4883 -21.01%
November, 2026 $8.8905 $8.8705 $9.3394 -24.01%
December, 2026 $8.30 $8.16 $9.0275 -29.06%

Western Asset Global Corporate Defined Opportunity Fund Inc Stock (GDO) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Western Asset Global Corporate Defined Opportunity Fund Inc (GDO) is $7.0732, with a high forecast of $8.0463 and a low forecast of $6.1002. This indicates an -39.54% decrease from the last price of $11.70.
Month Average Low High Change from today's price
January, 2027 $7.0522 $6.6111 $7.4422 -39.72%
February, 2027 $7.3745 $6.8939 $7.4045 -36.97%
March, 2027 $6.7973 $6.7073 $7.405 -41.90%
April, 2027 $7.0495 $6.6978 $7.1789 -39.75%
May, 2027 $7.3654 $6.9101 $7.4117 -37.05%
June, 2027 $6.8045 $6.8045 $7.4528 -41.84%
July, 2027 $6.7868 $6.7768 $7.1576 -41.99%
August, 2027 $6.399 $6.319 $6.8784 -45.31%
September, 2027 $6.4418 $6.1002 $6.6611 -44.94%
October, 2027 $7.114 $6.4323 $7.114 -39.20%
November, 2027 $7.7763 $7.0046 $8.0463 -33.54%
December, 2027 $7.5791 $7.3835 $7.9568 -35.22%

Western Asset Global Corporate Defined Opportunity Fund Inc Stock (GDO) Price Forecast for 2028

In 2028, Western Asset Global Corporate Defined Opportunity Fund Inc (GDO) is projected to reach an average price of $6.2026, with a high projection of $7.8624 and a low estimate of $4.5428. This indicates an -46.99% fall from the last price of $11.70.
Month Average Low High Change from today's price
January, 2028 $7.6513 $7.5013 $7.8302 -34.60%
February, 2028 $7.6235 $7.373 $7.8624 -34.84%
March, 2028 $7.1963 $7.1063 $7.7241 -38.49%
April, 2028 $6.47 $6.33 $7.3469 -44.70%
May, 2028 $5.2904 $4.7882 $5.6263 -54.78%
June, 2028 $5.2967 $5.0885 $5.6067 -54.73%
July, 2028 $5.013 $4.923 $5.4608 -57.15%
August, 2028 $5.2334 $4.9171 $5.4134 -55.27%
September, 2028 $5.5897 $5.2275 $5.6596 -52.22%
October, 2028 $5.066 $5.066 $5.7038 -56.70%
November, 2028 $4.9164 $4.8564 $5.4262 -57.98%
December, 2028 $4.5777 $4.5428 $5.1646 -60.87%

Western Asset Global Corporate Defined Opportunity Fund Inc Stock (GDO) Price Forecast for 2029

The 2029 price forecast for Western Asset Global Corporate Defined Opportunity Fund Inc Stock (GDO) is $4.6734 on average, with a high prediction of $6.3817 and a low estimate of $2.9652. This represents an -60.06% decrease from the previous price of $11.70.
Month Average Low High Change from today's price
January, 2029 $5.1831 $4.3969 $5.1831 -55.70%
February, 2029 $5.4694 $5.0172 $5.5294 -53.25%
March, 2029 $6.1558 $5.4063 $6.3817 -47.39%
April, 2029 $5.9321 $5.733 $6.2698 -49.30%
May, 2029 $6.1425 $5.8684 $6.1902 -47.50%
June, 2029 $6.0388 $5.7506 $6.2365 -48.39%
July, 2029 $5.5951 $5.5051 $6.1069 -52.18%
August, 2029 $3.3976 $3.2576 $5.7492 -70.96%
September, 2029 $3.478 $2.9652 $3.8104 -70.27%
October, 2029 $3.296 $3.276 $3.8084 -71.83%
November, 2029 $3.3264 $3.1364 $3.5336 -71.57%
December, 2029 $3.4668 $3.314 $3.6468 -70.37%

Western Asset Global Corporate Defined Opportunity Fund Inc Stock (GDO) Price Forecast for 2030

Western Asset Global Corporate Defined Opportunity Fund Inc Stock (GDO) is expected to reach an average price of $3.0741 in 2030, with a high forecast of $4.7171 and a low forecast of $1.4311. This signifies an -73.73% decrease from the last price of $11.70.
Month Average Low High Change from today's price
January, 2030 $3.6547 $3.4644 $3.9547 -68.76%
February, 2030 $3.5451 $3.3275 $3.8499 -69.70%
March, 2030 $3.1955 $3.1355 $3.6947 -72.69%
April, 2030 $2.8709 $2.836 $3.4507 -75.46%
May, 2030 $3.4939 $2.6936 $3.4939 -70.14%
June, 2030 $3.7943 $3.3315 $3.8543 -67.57%
July, 2030 $4.4523 $3.7347 $4.7171 -61.95%
August, 2030 $4.3627 $4.0799 $4.4979 -62.71%
September, 2030 $4.5131 $4.2355 $4.5531 -61.43%
October, 2030 $4.4211 $4.1283 $4.6107 -62.21%
November, 2030 $3.9515 $3.9039 $4.4987 -66.23%
December, 2030 $1.5711 $1.4311 $4.0567 -86.57%
closed_end_fund_debt FTF
$6.43
price down icon 0.77%
closed_end_fund_debt PTY
$14.51
price up icon 0.00%
closed_end_fund_debt GOF
$15.68
price up icon 0.06%
closed_end_fund_debt NZF
$12.56
price down icon 0.24%
closed_end_fund_debt JPC
$8.05
price down icon 0.12%
closed_end_fund_debt NVG
$12.79
price down icon 0.54%
Cap:     |  Volume (24h):