Oppenheimer analyst Chris Kotowski assigned a Buy rating to Solar Capital (SLRC) yesterday and set a price target of $20.00. The company’s shares closed last Friday at $16.75.
According to TipRanks.com, Kotowski is a 4-star analyst with an average return of 4.4% and a 58.1% success rate. Kotowski covers the Financial sector, focusing on stocks such as Apollo Global Management, JPMorgan Chase & Co., and New Mountain Finance.
Solar Capital has an analyst consensus of Moderate Buy, with a price target consensus of $20.00, representing a 20.0% upside. In a report issued on November 5, Raymond James also maintained a Buy rating on the stock.
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The company has a one-year high of $21.24 and a one-year low of $7.42. Currently, Solar Capital has an average volume of 118.6K.
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Solar Capital Ltd. is a closed-ened, externally managerd, non-diversified management investment company. The firm invests in in privately held U.S. middle-market companies. Its objective is to generate both current income and capital appreciation through debt and equity investments. The company was founded on November 2007 and is headquartered in New York, NY.
