What is Wall Street's Target Price for Stellus Capital Investment Corp (SCM) Stock Monday?

Wall Street is positive on Stellus Capital Investment Corp (SCM). On average, analysts give Stellus Capital Investment Corp a Buy rating. The average price target is $15.05, which means analysts expect the stock to add by 11.48% over the next twelve months. That average ranking earns Stellus Capital Investment Corp an Analyst Rating of 16, which is better than 16% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating SCM a Buy today. Find out what this means to you and get the rest of the rankings on SCM!

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Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Stellus Capital Investment Corp Stock Today?

Stellus Capital Investment Corp (SCM) stock is trading at $13.50 as of 12:36 PM on Monday, Oct 2, a loss of -$0.10, or -0.74% from the previous closing price of $13.60. Volume today is 244,060 compared to average volume of 218,454. The stock has traded between $13.45 and $13.69 so far today. Click Here to get the full Stock Report for Stellus Capital Investment Corp stock.