In a report issued on August 3, Mark Hughes from SunTrust Robinson reiterated a Hold rating on Main Street Capital (NYSE: MAIN), with a price target of $40. The company’s shares closed on Friday at $40.42, close to its 52-week high of $41.21.
According to TipRanks.com, Hughes is a 4-star analyst with an average return of 10.4% and a 67.6% success rate. Hughes covers the Financial sector, focusing on stocks such as Heritage Insurance Holdings, Arthur J Gallagher & Co, and TPG Specialty Lending.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Main Street Capital with a $42 average price target.
See today’s analyst top recommended stocks >>
Main Street Capital’s market cap is currently $2.38B and has a P/E ratio of 13.43. The company has a Price to Book ratio of 1.71.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Main Street Capital Corp. is a business development company. It focuses on providing customized debt and equity financing solutions. The company’s portfolio investments are made to support management buyouts, recapitalizations, growth financings, refinancing and acquisitions of companies.
