Hercules Technology Growth Capital PT Raised to $15.50 (HTGC)
Analysts at Sandler O’Neill upped their target price on shares of Hercules Technology Growth Capital (NYSE:HTGC) from $15.00 to $15.50 in a research report issued to clients and investors on Tuesday, AnalystRatings.NET reports. The firm currently has a “hold” rating on the stock. Sandler O’Neill’s price objective would indicate a potential upside of 3.75% from the stock’s previous close.
A number of other analysts have also recently weighed in on HTGC. Analysts at Wells Fargo & Co. downgraded shares of Hercules Technology Growth Capital from an “outperform” rating to a “market perform” rating in a research note to investors on Tuesday, September 10th. Separately, analysts at Keefe, Bruyette & Woods downgraded shares of Hercules Technology Growth Capital from an “outperform” rating to a “market perform” rating in a research note to investors on Monday, September 9th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Hercules Technology Growth Capital in a research note to investors on Wednesday, August 21st. They now have a $15.00 price target on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. Hercules Technology Growth Capital currently has a consensus rating of “Hold” and a consensus price target of $14.25.
Shares of Hercules Technology Growth Capital (NYSE:HTGC) traded down 0.13% during mid-day trading on Tuesday, hitting $14.94. 393,061 shares of the company’s stock traded hands. Hercules Technology Growth Capital has a 52 week low of $9.30 and a 52 week high of $15.64. The stock’s 50-day moving average is $14.89 and its 200-day moving average is $13.75. The company has a market cap of $921.5 million and a P/E ratio of 12.27.
Hercules Technology Growth Capital (NYSE:HTGC) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.29 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.26 by $0.03. During the same quarter in the prior year, the company posted $0.25 earnings per share. On average, analysts predict that Hercules Technology Growth Capital will post $1.15 earnings per share for the current fiscal year.
Hercules Technology Growth Capital, Inc (NYSE:HTGC) is an internally managed, non-diversified closed-end investment company.
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