Solar Capital (SLRC) Gets a Buy Rating from Raymond James


In a report released today, Robert Dodd from Raymond James reiterated a Buy rating on Solar Capital (SLRC). The company’s shares closed last Friday at $16.75.

According to TipRanks.com, Dodd is a 4-star analyst with an average return of 4.9% and a 66.6% success rate. Dodd covers the Financial sector, focusing on stocks such as First Eagle Alternative Capital BDC, Investcorp Credit Management BDC, and Sixth Street Specialty Lending.

Solar Capital has an analyst consensus of Moderate Buy, with a price target consensus of $20.00, a 20.0% upside from current levels. In a report released yesterday, Oppenheimer also assigned a Buy rating to the stock with a $20.00 price target.

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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.

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