In a report released today, Derek Hewett from Bank of America Securities reiterated a Sell rating on MidCap Financial Investment Corporation (MFIC – Research Report), with a price target of $12.00. The company’s shares opened today at $11.24.
Hewett covers the Financial sector, focusing on stocks such as Compass Diversified Holdings, Annaly Capital, and Ares Capital. According to TipRanks, Hewett has an average return of 7.9% and a 48.48% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for MidCap Financial Investment Corporation with a $13.19 average price target.
See today’s best-performing stocks on TipRanks >>
The company has a one-year high of $12.50 and a one-year low of $9.14. Currently, MidCap Financial Investment Corporation has an average volume of 219.6K.
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.
Apollo Investment Corp. is a closed-end, externally managed, non-diversified management investment company, which engages in the provision of financial solutions. Its portfolio includes investments in debt, including secured and unsecured debt of private middle-market companies. The company was founded on February 2, 2004 and is headquartered in New York, NY.
Read More on MFIC:
- MidCap Financial Investment Corporation Reports Financial Results for the Quarter Ended March 31, 2023
- MidCap Financial Investment reports Q4 EPS 44c, consensus 42c
- MidCap Financial Investment amends, extends revolving credit facility
- MidCap Financial Investment Corporation Amends and Extends Its Senior Secured Revolving Credit Facility
- MidCap Financial Investment Corporation Schedules Earnings Release and Conference Call for Quarter Ended March 31, 2023
