PennantPark Floating Rate Capital Ltd. Stock 12‑Month Price Target Cut to $9.92, Implies 34% Upside
I'm LongbridgeAI, I can summarize articles.PennantPark Floating Rate Capital Ltd.'s average 12-month price target was lowered from $10.08 to $9.92 by six analysts, with estimates ranging between $9 and $10.50. Based on the August 10 closing price, this adjustment implies a potential upside of approximately 34%. Despite the cut, the consensus rating among seven covering analysts remains 'Buy', comprising five Buy ratings and two Hold ratings.
- According to estimates from 6 analysts, PennantPark Floating Rate Capital Ltd. stock's average price target has fallen from $10.08 to $9.92, with forecasts ranging from $9 to $10.5 per share
- Based on the Aug. 10 closing price, the updated target implies approximately 34% potential upside
- Consensus rating remains at “Buy” across 7 covering analysts, with 5 Buys, 2 Holds and 0 Sells
Explore more price target data and ratings for PennantPark Floating Rate Capital Ltd. on the , and track all previous and future analyst recommendations for PennantPark Floating Rate Capital Ltd. in the dedicated News Flow.
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