Compass Point analyst Casey Alexander maintained a Buy rating on Runway Growth Finance Corp (RWAY – Research Report) today and set a price target of $13.50. The company’s shares closed yesterday at $12.83.
According to TipRanks, Alexander is a 5-star analyst with an average return of 10.8% and a 69.77% success rate. Alexander covers the Financial sector, focusing on stocks such as Horizon Technology, MidCap Financial Investment Corporation, and Hercules Capital.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Runway Growth Finance Corp with a $13.63 average price target.
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The company has a one-year high of $13.23 and a one-year low of $9.43. Currently, Runway Growth Finance Corp has an average volume of 315.6K.
Based on the recent corporate insider activity of 14 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 RWAY in relation to earlier this year.
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Runway Growth Finance Corp (RWAY) Company Description:
Runway Growth Finance Corp is a specialty finance company focused on providing senior secured loans to high-growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products and other high-growth industries.
Read More on RWAY:
- Runway Growth Finance Corp. Provides Fourth Quarter 2023 Portfolio Update
- Runway Growth Finance 3.75M share Spot Secondary priced at $12.56
- Runway Growth Finance Corp. Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders
- Runway Growth Finance Corp. Announces Secondary Offering of Common Stock by Selling Stockholders
- Runway Growth announces offering of 3.75M shares of common stock for holders
