Palmer Square Capital BDC (NYSE:PSBD) Coverage Initiated by Analysts at Royal Bank of Canada

Investment analysts at Royal Bank of Canada began coverage on shares of Palmer Square Capital BDC (NYSE:PSBDGet Free Report) in a report released on Monday, Briefing.com reports. The firm set an “outperform” rating and a $17.00 price target on the stock. Royal Bank of Canada’s target price would indicate a potential upside of 4.42% from the company’s current price.

Separately, Citigroup began coverage on shares of Palmer Square Capital BDC in a research report on Monday. They set a “buy” rating and a $17.00 target price on the stock.

Get Our Latest Stock Analysis on PSBD

Palmer Square Capital BDC Stock Up 0.8 %

Palmer Square Capital BDC stock opened at $16.28 on Monday. Palmer Square Capital BDC has a 12-month low of $15.57 and a 12-month high of $16.75.

Palmer Square Capital BDC Company Profile

(Get Free Report)

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.

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