Analysts think PFLT stock price could increase by 6%
Jun 14, 2024, 6:27 AM
0.18%
What does PFLT do
PennantPark Floating Rate Capital Ltd., a publicly traded fund founded in 2011, invests primarily in floating rate loans and other securities of U.S. middle-market companies with below-investment-grade debt. Headquartered in New York City, the fund aims to generate income and capital appreciation while preserving capital, investing up to 35% of its portfolio in various debt and equity securities.
6 analysts think PFLT stock price will increase by 5.50%. The current median analyst target is $11.98 compared to a current stock price of $11.36. The lowest analysts target is $11.11 and the highest analyst target is $13.13.
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