TPG Specialty Lending Receives Consensus Recommendation of “Hold” from Analysts (NASDAQ:TSLX)
Shares of TPG Specialty Lending (NASDAQ:TSLX) have been given a consensus rating of “Hold” by the nine analysts that are presently covering the company, Analyst Ratings Net reports. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $19.86.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of TPG Specialty Lending from an “outperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $24.00 price target on the stock. Separately, analysts at SunTrust initiated coverage on shares of TPG Specialty Lending in a research note on Thursday, June 26th. They set a “buy” rating and a $22.00 price target on the stock.
TPG Specialty Lending (NASDAQ:TSLX) opened at 20.70 on Tuesday. TPG Specialty Lending has a 52 week low of $15.95 and a 52 week high of $24.41. The stock’s 50-day moving average is $20. and its 200-day moving average is $19.02. The company has a market cap of $1.104 billion and a price-to-earnings ratio of 9.80.
TPG Specialty Lending (NASDAQ:TSLX) last announced its earnings results on Friday, May 9th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.20. On average, analysts predict that TPG Specialty Lending will post $1.73 earnings per share for the current fiscal year.
TPG Specialty Lending, Inc (NASDAQ:TSLX) is a specialty finance company focused on lending to middle-market companies.
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