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PennantPark Floating Rate Capital (PFLT) Stock Forecast & Price Target

PennantPark Floating Rate Capital logo
$10.68 -0.03 (-0.28%)
(As of 12/20/2024 05:51 PM ET)

PennantPark Floating Rate Capital - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
2

Based on 3 Wall Street analysts who have issued ratings for PennantPark Floating Rate Capital in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 3 analysts, 1 has given a hold rating, and 2 have given a buy rating for PFLT.

Consensus Price Target

$12.00
12.36% Upside
According to the 3 analysts' twelve-month price targets for PennantPark Floating Rate Capital, the average price target is $12.00. The highest price target for PFLT is $12.00, while the lowest price target for PFLT is $12.00. The average price target represents a forecasted upside of 12.36% from the current price of $10.68.
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PFLT Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
1 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$12.00$12.00$12.00$11.67
Forecasted Upside12.36% Upside8.40% Upside4.21% Upside-1.96% Downside
Consensus Rating
Moderate Buy
Buy
Buy
Moderate Buy

PFLT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PFLT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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PennantPark Floating Rate Capital Stock vs. The Competition

TypePennantPark Floating Rate CapitalFinance CompaniesS&P 500
Consensus Rating Score
2.67
2.50
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside12.36% Upside18.66% Upside14.54% Upside
News Sentiment Rating
Positive News

See Recent PFLT News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/20/2024Raymond James
4 of 5 stars
R. Dodd
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageMarket Perform
8/12/2024Maxim Group
4 of 5 stars
M. Diana
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold ➝ Buy$12.00+10.80%
7/30/2024JMP Securities
2 of 5 stars
 Lower TargetMarket Outperform ➝ Market Outperform$12.50 ➝ $12.00+7.05%
6/8/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageNeutral$11.00+0.82%
2/13/2023Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy$13.00 ➝ $12.00+8.50%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 10:36 AM ET.


PFLT Forecast - Frequently Asked Questions

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for PennantPark Floating Rate Capital is $12.00, with a high forecast of $12.00 and a low forecast of $12.00.

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PennantPark Floating Rate Capital in the last twelve months. There is currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PFLT shares.

According to analysts, PennantPark Floating Rate Capital's stock has a predicted upside of 12.36% based on their 12-month stock forecasts.

PennantPark Floating Rate Capital has been rated by research analysts at Raymond James in the past 90 days.

Analysts like PennantPark Floating Rate Capital more than other "finance" companies. The consensus rating for PennantPark Floating Rate Capital is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how PFLT compares to other companies.


This page (NASDAQ:PFLT) was last updated on 12/22/2024 by MarketBeat.com Staff
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