RBC Capital analyst Kenneth Lee maintained a Buy rating on TPG Specialty Lending (TSLX) on April 9 and set a price target of $16.00. The company’s shares closed last Thursday at $15.84.
According to TipRanks.com, Lee has currently no stars on a ranking scale of 0-5 stars, with an average return of -7.1% and a 39.8% success rate. Lee covers the Financial sector, focusing on stocks such as American Equity Investment Life, BrightSphere Investment Group, and Victory Capital Holdings.
Currently, the analyst consensus on TPG Specialty Lending is a Strong Buy with an average price target of $21.13, which is a 35.7% upside from current levels. In a report issued on March 25, Wells Fargo also maintained a Buy rating on the stock.
See today’s analyst top recommended stocks >>
TPG Specialty Lending’s market cap is currently $1.06B and has a P/E ratio of 6.80. The company has a Price to Book ratio of 0.94.
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TSLX in relation to earlier this year.
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.
TPG Specialty Lending, Inc. is a specialty finance company, which focuses on lending to middle-market companies. Its investment comprises first-lien debt, second-lien debt, mezzanine and unsecured debt and equity, and other investments. The company was founded in July 2011 and is headquartered in Fort Worth, TX.
Read More on TSLX:
