BlackRock TCP Capital (TCPC) Stock Forecast & Price Target

$8.15

-0.17 (-2.04%)

(As of 09/24/2024 ET)

BlackRock TCP Capital - Analysts' Recommendations and Stock Price Forecast (2024)

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

Reduce
Based on 6 Analyst Ratings

Sell
1

Hold
5

Buy
0

Based on 6 Wall Street analysts who have issued ratings for BlackRock TCP Capital in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 6 analysts, 1 has given a sell rating, and 5 have given a hold rating for TCPC.

Consensus Price Target

$9.00
10.43% Upside

According to the 6 analysts' twelve-month price targets for BlackRock TCP Capital, the average price target is $9.00. The highest price target for TCPC is $10.00, while the lowest price target for TCPC is $8.00. The average price target represents a forecasted upside of 10.43% from the current price of $8.15.

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TCPC Analyst Ratings Over Time

Type	Current Forecast 9/26/23 to 9/25/24	1 Month Ago 8/27/23 to 8/26/24	3 Months Ago 6/28/23 to 6/27/24	1 Year Ago 9/26/22 to 9/26/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	3 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$9.00	$9.00	$10.67	$12.20
Forecasted Upside	10.43% Upside	0.22% Upside	-1.60% Downside	4.45% Upside
Consensus Rating	Reduce	Reduce	Hold	Moderate Buy

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TCPC 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.

TCPC 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.

BlackRock TCP Capital Stock vs. The Competition

Type	BlackRock TCP Capital	Finance Companies	S&P 500
Consensus Rating Score	1.83	2.47	2.50
Consensus Rating	Reduce	Hold	Hold
Predicted Upside	10.43% Upside	12.19% Upside	6.80% Upside
News Sentiment Rating	Negative News See Recent TCPC News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/26/2024	Wells Fargo & Company 3 of 5 stars	F. Oshea Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Equal Weight ➝ Underweight	$8.50 ➝ $8.00	-14.44%
8/8/2024	Keefe, Bruyette & Woods 4 of 5 stars		Lower Target	Market Perform ➝ Market Perform	$10.50 ➝ $9.00	-0.66%
8/8/2024	LADENBURG THALM/SH SH 4 of 5 stars	C. Nolan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
5/2/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform ➝ Market Perform	$11.00 ➝ $10.00	-4.03%
3/1/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
3/1/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:27 AM ET.

TCPC Forecast - Frequently Asked Questions

: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for BlackRock TCP Capital is $9.00, with a high forecast of $10.00 and a low forecast of $8.00.
: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock TCP Capital in the last year. There is currently 1 sell rating and 5 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" TCPC shares.
: According to analysts, BlackRock TCP Capital's stock has a predicted upside of 10.43% based on their 12-month stock forecasts.
: Over the previous 90 days, BlackRock TCP Capital's stock had 2 downgrades by analysts.
: BlackRock TCP Capital has been rated by research analysts at Keefe, Bruyette & Woods, LADENBURG THALM/SH SH, and Wells Fargo & Company in the past 90 days.
: Analysts like BlackRock TCP Capital less than other "finance" companies. The consensus rating for BlackRock TCP Capital is Reduce while the average consensus rating for "finance" companies is Hold. Learn more on how TCPC compares to other companies.