B.Riley FBR analyst Timothy P. Hayes maintained a Buy rating on Fidus Investment Corporation (FDUS) yesterday and set a price target of $17.50. The company’s shares closed last Monday at $14.97.
According to TipRanks.com, Hayes is a 4-star analyst with an average return of 4.8% and a 61.5% success rate. Hayes covers the Financial sector, focusing on stocks such as Ready Capital Corporation, Saratoga Investment Corp, and Starwood Property Trust.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fidus Investment Corporation with a $17.50 average price target.
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The company has a one-year high of $16.50 and a one-year low of $11.48. Currently, Fidus Investment Corporation has an average volume of 96.67K.
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Fidus Investment Corp operates as an externally managed business development company. It provides customized debt and equity financing solutions to lower middle-market companies with revenues of $10 – $150 million. The company was founded on February 14, 2011 and is headquartered in Evanston, IL.
