TPG Specialty Lending Now Covered by Bank of America (TSLX)
Equities research analysts at Bank of America assumed coverage on shares of TPG Specialty Lending (NASDAQ:TSLX) in a research note issued to investors on Tuesday, Analyst Ratings Network.com reports. The firm set a “buy” rating on the stock.
A number of other analysts have also recently weighed in on TSLX. Analysts at BofA Merrill Lynch reiterated a “buy” rating on shares of TPG Specialty Lending in a research note on Tuesday. They now have a $17.50 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of TPG Specialty Lending in a research note on Tuesday. They now have a $17.00 price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of TPG Specialty Lending in a research note on Tuesday. They now have a $17.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $17.60.
Shares of TPG Specialty Lending (NASDAQ:TSLX) opened at 16.90 on Tuesday. TPG Specialty Lending has a 52-week low of $15.95 and a 52-week high of $17.11. The stock’s 50-day moving average is $16.59 and its 200-day moving average is $16.59. The company has a market cap of $876.9 million and a price-to-earnings ratio of 8.71.
The company also recently announced a special dividend, which is scheduled for Wednesday, April 30th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.38 per share. The ex-dividend date is Thursday, March 27th.
TPG Specialty Lending, Inc (NASDAQ:TSLX) is a specialty finance company focused on lending to middle-market companies.
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