In a report released yesterday, Michael Diana from Maxim Group reiterated a Buy rating on SLR Investment Corp. (SLRC – Research Report), with a price target of $19.00. The company’s shares opened today at $15.49.
According to TipRanks, Diana is a 5-star analyst with an average return of 12.7% and a 51.30% success rate. Diana covers the Financial sector, focusing on stocks such as Ellington Financial, PaySign, and Cullen/Frost Bankers.
The word on The Street in general, suggests a Hold analyst consensus rating for SLR Investment Corp. with a $15.00 average price target.
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $15.52 and a one-year low of $10.99. Currently, SLR Investment Corp. has an average volume of 244.9K.
Based on the recent corporate insider activity of 17 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 SLRC 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.
Solar Capital Ltd. is a closed-ened, externally managerd, non-diversified management investment company. The firm invests in in privately held U.S. middle-market companies. Its objective is to generate both current income and capital appreciation through debt and equity investments. The company was founded on November 2007 and is headquartered in New York, NY.
Read More on SLRC:
