Compass Point analyst Casey Alexander maintained a Buy rating on Blackstone Secured Lending Fund (BXSL – Research Report) today and set a price target of $31.25. The company’s shares closed yesterday at $32.27.
Alexander covers the Financial sector, focusing on stocks such as MidCap Financial Investment Corporation, Horizon Technology, and Runway Growth Finance Corp. According to TipRanks, Alexander has an average return of 12.1% and a 69.39% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Blackstone Secured Lending Fund with a $31.25 average price target.
BXSL market cap is currently $6.18B and has a P/E ratio of 8.90.
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Blackstone Secured Lending Fund (BXSL) Company Description:
Blackstone Secured Lending Fund is a specialty finance company that invests primarily in the debt of private U.S. companies. It focus on investing in privately originated senior secured loans which are generally debt instruments that pay floating interest rates and rank ahead of subordinated debt and equity, where we believe lender protections are stronger and offer superior return opportunities as compared to broadly syndicated loans and public market debt instruments.
