Truist Financial analyst Mark Hughes maintained a Buy rating on Blue Owl Capital (OBDC – Research Report) today and set a price target of $18.00. The company’s shares closed last Friday at $16.55.
Hughes covers the Financial sector, focusing on stocks such as Kinsale Capital Group, Arthur J Gallagher & Co, and Fidelity National Financial. According to TipRanks, Hughes has an average return of 18.0% and a 74.46% success rate on recommended stocks.
Blue Owl Capital has an analyst consensus of Strong Buy, with a price target consensus of $16.38, implying a -1.03% downside from current levels. In a report released on May 9, Bank of America Securities also maintained a Buy rating on the stock with a $16.50 price target.
OBDC market cap is currently $6.45B and has a P/E ratio of 8.33.
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Blue Owl Capital (OBDC) Company Description:
Owl Rock Capital Corp, non traded business development company, seeks investment opportunities in middle market companies located in the US with an EBITDA of $10 to $250 million and annual revenue of $50 million to $2.5 billion. It focuses on broad range of sectors including business services, healthcare services, pharma & healthcare technology, aerospace & defences, software & technology and manufacturing & industrials. The fund provides financing in the form of senior secured or unsecured loans, subordinated loans or mezzanine loans and a lesser extent, equity-related securities and warrants for growth, acquisitions, market or product expansion, re-financings and recapitalizations. Its investment size ranging from $20 to $250 million and it also acts as a lead investor.
