OFS Capital Corp. Stock Rating Lowered by Zacks (OFS)
OFS Capital Corp. (NASDAQ:OFS) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a note issued to investors on Thursday, Analyst Ratings.Net reports. They currently have a $12.20 price objective on the stock. Zacks‘ price target would suggest a potential downside of 4.91% from the stock’s previous close.
OFS Capital Corp. (NASDAQ:OFS) traded down 0.90% on Thursday, hitting $12.715. The stock had a trading volume of 11,523 shares. OFS Capital Corp. has a 52 week low of $11.05 and a 52 week high of $14.90. The stock has a 50-day moving average of $12.18 and a 200-day moving average of $12.11.
OFS Capital Corp. (NASDAQ:OFS) last released its earnings data on Friday, November 8th. The company reported $0.15 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.19 by $0.04.
Separately, analysts at Ladenburg Thalmann initiated coverage on shares of OFS Capital Corp. in a research note to investors on Friday, October 18th. They set a “neutral” rating on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $14.68.
OFS Capital Corporation, formerly OFS Capital, LLC (NASDAQ:OFS), is an externally managed, closed-end, non-diversified management investment company.
To view Zacks’ full report, visit www.zacks.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.