InvestorsObserver is giving Pennantpark Floating Rate Capital Ltd (PFLT) an Analyst Rating Rank of 25, meaning PFLT is ranked higher by analysts than 25% of stocks. The average price target for PFLT is $11.625 and analyst’s rate the stock as a Buy.
Wall Street analysts are rating PFLT a Buy today. Find out what this means to you and get the rest of the rankings on PFLT!
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Pennantpark Floating Rate Capital Ltd Stock Today?
Pennantpark Floating Rate Capital Ltd (PFLT) stock is trading at $11.25 as of 10:49 AM on Monday, Apr 1, a drop of -$0.13, or -1.14% from the previous closing price of $11.38. The stock has traded between $11.23 and $11.48 so far today. Volume today is less active than usual. So far 410,552 shares have traded compared to average volume of 594,072 shares.
Click Here to get the full Stock Report for Pennantpark Floating Rate Capital Ltd stock.
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