In a report released on September 28, Mark Hughes from Truist Financial maintained a Buy rating on MidCap Financial Investment Corporation (MFIC – Research Report), with a price target of $15.00. The company’s shares closed last Friday at $13.75.
According to TipRanks, Hughes is a 5-star analyst with an average return of 14.4% and a 66.40% success rate. Hughes covers the Financial sector, focusing on stocks such as Brown & Brown, American Equity Investment Life, and MidCap Financial Investment Corporation.
MidCap Financial Investment Corporation has an analyst consensus of Hold, with a price target consensus of $13.78.
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The company has a one-year high of $13.99 and a one-year low of $8.88. Currently, MidCap Financial Investment Corporation has an average volume of 197.9K.
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MidCap Financial Investment Corporation (MFIC) Company Description:
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 management to meet virtually with Compass Point
- Compass upgrades MidCap Financial with transformation nearing end
- MidCap Financial Investment upgraded to Buy from Neutral at Compass Point
- MidCap Financial Investment Corporation Reports Financial Results for the Quarter Ended June 30, 2023
