Investment analysts at Bank of America initiated coverage on shares of Palmer Square Capital BDC (NYSE:PSBD – Get Free Report) in a research report issued on Monday, Briefing.com reports. The firm set a “neutral” rating and a $16.50 price target on the stock. Bank of America‘s target price suggests a potential upside of 1.35% from the company’s current price.
Several other research analysts have also commented on the stock. JPMorgan Chase & Co. started coverage on shares of Palmer Square Capital BDC in a research note on Monday. They set an “overweight” rating and a $17.00 price objective for the company. Citigroup initiated coverage on shares of Palmer Square Capital BDC in a report on Monday. They set a “buy” rating and a $17.00 price target on the stock. Finally, Royal Bank of Canada started coverage on Palmer Square Capital BDC in a research report on Monday. They set an “outperform” rating and a $17.00 target price for the company.
Palmer Square Capital BDC Stock Up 0.8 %
Palmer Square Capital BDC Company Profile
Palmer Square Capital BDC Inc is an externally managed, non-diversified closed-end management investment company which primarily lends to and invests in corporate debt securities, including small to large private U.S. companies and has elected to be regulated as a business development company. Palmer Square Capital BDC Inc is based in MISSION WOODS, Kan.
- Five stocks we like better than Palmer Square Capital BDC
- How Technical Indicators Can Help You Find Oversold Stocks
- Uber quadruples EPS estimates, but is growth decelerating?
- 3 Healthcare Dividend Stocks to Buy
- 3 stocks set to benefit from record Valentine’s Day spending
- Want to Profit on the Downtrend? Downtrends, Explained.
- Tradeweb is a disruptive pure play on financial market liquidity
Receive News & Ratings for Palmer Square Capital BDC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palmer Square Capital BDC and related companies with MarketBeat.com's FREE daily email newsletter.