In a report released today, Mark Hughes from Truist Financial initiated coverage with a Hold rating on FS KKR Capital (FSK – Research Report) and a price target of $20.00. The company’s shares closed yesterday at $19.87.
According to TipRanks, Hughes is a top 25 analyst with an average return of 18.2% and a 75.49% success rate. Hughes covers the Financial sector, focusing on stocks such as Kinsale Capital Group, Arthur J Gallagher & Co, and Fidelity National Financial.
The word on The Street in general, suggests a Hold analyst consensus rating for FS KKR Capital with a $19.69 average price target, implying a -0.91% downside from current levels. In a report released yesterday, KBW also assigned a Hold rating to the stock with a $20.00 price target.
FSK market cap is currently $5.56B and has a P/E ratio of 8.31.
Based on the recent corporate insider activity of 10 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 FSK in relation to earlier this year.
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.
FS KKR Capital (FSK) Company Description:
FS KKR Capital Corp. is an externally managed, non-diversified, closed-end management investment and finance company that invests primarily in the debt securities of private middle market U.S. companies. Its objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The company was founded by Michael Craig Forman on December 21, 2007 and is headquartered in Philadelphia, PA.
