WhiteHorse Finance Receives Buy Rating from Citigroup Inc. (WHF)
WhiteHorse Finance (NYSE:WHF)‘s stock had its “buy” rating reiterated by analysts at Citigroup Inc. in a research report issued to clients and investors on Thursday. They currently have a $15.00 price objective on the stock, down from their previous price objective of $16.00. Citigroup Inc.’s target price points to a potential upside of 6.08% from the stock’s previous close.
Shares of WhiteHorse Finance (NYSE:WHF) traded down 0.21% on Thursday, hitting $14.11. The stock had a trading volume of 17,535 shares. WhiteHorse Finance has a one year low of $12.11 and a one year high of $15.94. The stock’s 50-day moving average is $14.12 and its 200-day moving average is $14.07.
WhiteHorse Finance (NYSE:WHF) last announced its earnings results on Wednesday, August 6th. The company reported $0.27 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.27. On average, analysts predict that WhiteHorse Finance will post $1.18 earnings per share for the current fiscal year.
Separately, analysts at Wunderlich upgraded shares of WhiteHorse Finance from a “hold” rating to a “buy” rating in a research note on Monday, July 14th. They now have a $15.50 price target on the stock. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $15.25.
WhiteHorse Finance, Inc is a non-diversified, closed-end management investment company. The Company is a direct lender targeting debt investments in privately held, small capitalization, or small-cap, companies located in the United States.
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