In a report released yesterday, Ryan Lynch from KBW maintained a Hold rating on Hercules Capital (HTGC – Research Report), with a price target of $18.00. The company’s shares closed yesterday at $17.74.
According to TipRanks, Lynch is a 4-star analyst with an average return of 7.5% and a 64.71% success rate. Lynch covers the Financial sector, focusing on stocks such as Golub Capital Bdc, Oaktree Specialty Lending, and Hercules Capital.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hercules Capital with a $17.83 average price target.
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HTGC market cap is currently $2.65B and has a P/E ratio of 8.78.
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Hercules Capital (HTGC) Company Description:
Hercules Capital, Inc. is a specialty finance company, which focuses on providing senior secured loans to high-growth, innovative venture capital-backed companies in a variety of technology, life sciences, and sustainable and renewable technology industries. The company was founded by Manuel A. Henriquez in December 2003 and is headquartered in Palo Alto, CA.
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