In a report released today, Casey Alexander from Compass Point reiterated a Buy rating on Runway Growth Finance Corp (RWAY – Research Report), with a price target of $13.50. The company’s shares closed yesterday at $13.50.
Alexander covers the Financial sector, focusing on stocks such as Horizon Technology, MidCap Financial Investment Corporation, and Hercules Capital. According to TipRanks, Alexander has an average return of 11.3% and a 70.43% success rate on recommended stocks.
Runway Growth Finance Corp has an analyst consensus of Hold, with a price target consensus of $13.13.
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The company has a one-year high of $13.74 and a one-year low of $9.10. Currently, Runway Growth Finance Corp has an average volume of 316.1K.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling 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. Reports Fourth Quarter and Fiscal Year Ended 2023 Financial Results
- Runway Growth Finance announces joint venture with Cadma Capital
- Runway Growth Finance Corp. Announces Joint Venture with Cadma Capital Partners
- Runway Growth Finance Corp. Announces First Quarter Regular Dividend of $0.40 and $0.07 Supplemental Distribution
- Runway Growth Finance board declares supplemental dividend of 7c per share
