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Solar Capital (NASDAQ:SLRC) has been given an average rating of “Hold” by the twelve analysts that are currently covering the stock, ARN reports. Ten analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $23.70.

Shares of Solar Capital (NASDAQ:SLRC) traded down 1.18% during mid-day trading on Thursday, hitting $20.92. 14,605 shares of the company’s stock traded hands. Solar Capital has a one year low of $20.28 and a one year high of $25.04. The stock’s 50-day moving average is $20.90 and its 200-day moving average is $21.81.

Solar Capital (NASDAQ:SLRC) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.31 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.40 by $0.09. On average, analysts predict that Solar Capital will post $1.62 earnings per share for the current fiscal year.

SLRC has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Solar Capital from an “underperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $21.70 price target on the stock. Finally, analysts at TheStreet downgraded shares of Solar Capital from a “buy” rating to a “hold” rating in a research note on Thursday, May 15th.

Solar Capital Ltd. (NASDAQ:SLRC) is a closed-end, externally managed, non-diversified management investment company.

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