Wunderlich Bullish On GSV Capital Corp
Analysts at Wunderlich Securities initiated coverage on GSV Capital Corp (NASDAQ: GSVC) with a Buy rating and $20 price target.
Analysts highlight five key points for the initiation:
- GSV Corp provides a vehicle for public investors to capture private company gains.
- The company invests solely in mega-trends such as: Social/Mobile, Cloud/Big Data, Education Technology, Internet Marketplaces, Sustainability.
- Returns driven by big winners; the company’s top ten investments represent 64 percent of its net asset value.
- The company has pubic holdings in lock-up period, once liquidated will will represent gains of $3.85/ share.
- The current stock price is trading at a discount to the company's net asset value; current market cap of 208 million.
Shares of GSV Capital Corp. traded recently at $10.90, up 1.3 percent.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.