Gladstone Capital Corp. Upgraded to Outperform by Zacks (GLAD)
Gladstone Capital Corp. (NASDAQ:GLAD) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, Analyst Ratings.Net reports. The firm currently has a $9.40 target price on the stock. Zacks‘ price target indicates a potential upside of 6.82% from the company’s current price.
Separately, analysts at Hilliard Lyons downgraded shares of Gladstone Capital Corp. (NASDAQ:GLAD) to an “underperform” rating in a research note to investors on Thursday, August 1st.
Shares of Gladstone Capital Corp. (NASDAQ:GLAD) traded up 0.80% during mid-day trading on Tuesday, hitting $8.80. The stock had a trading volume of 84,384 shares. Gladstone Capital Corp. has a one year low of $7.25 and a one year high of $9.46. The stock’s 50-day moving average is $8. and its 200-day moving average is $8.66. The company has a market cap of $184.8 million and a P/E ratio of 20.35.
Gladstone Capital Corporation operates as a closed-end, non-diversified management investment company.
To view Zacks’ full report, visit www.zacks.com
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