THL Credit (TCRD) Set to Announce Earnings on Monday
THL Credit (NASDAQ:TCRD) is scheduled to post its Q214 quarterly earnings results on Monday, August 11th. Analysts expect THL Credit to post earnings of $0.34 per share and revenue of $22.35 million for the quarter.
Shares of THL Credit (NASDAQ:TCRD) opened at 13.22 on Friday. THL Credit has a 52-week low of $12.80 and a 52-week high of $17.00. The stock’s 50-day moving average is $13.64 and its 200-day moving average is $14.09.
A number of research firms have recently commented on TCRD. Analysts at SunTrust initiated coverage on shares of THL Credit in a research note on Thursday, June 26th. They set a “buy” rating and a $15.00 price target on the stock. On a related note, analysts at Bank of America reiterated a “buy” rating on shares of THL Credit in a research note on Thursday, May 15th. They now have a $14.75 price target on the stock. Finally, analysts at Keefe, Bruyette & Woods cut their price target on shares of THL Credit from $16.00 to $15.00 in a research note on Thursday, May 15th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $15.92.
THL Credit, Inc is a non-diversified, closed-end management investment company. It operates as a business development company.
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