Analysts think PFLT stock price could increase by 9%
Jul 31, 2024, 6:25 AM
-0.53%
What does PFLT do
PennantPark Floating Rate Capital Ltd., launched in 2011, is a traded fund based in New York City that invests primarily in floating rate loans and other securities of U.S. middle-market companies with below investment grade debt. The fund aims to generate income and capital appreciation, investing up to 35% of its portfolio in secondary debt types and equity, focusing on diverse industries and regions.
6 analysts think PFLT stock price will increase by 8.99%. The current median analyst target is $12.24 compared to a current stock price of $11.23. The lowest analysts target is $11.11 and the highest analyst target is $13.13.
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