PennantPark Floating Rate Capital Ltd has a consensus price target of $11.2 based on the ratings of 5 analysts. The high is $12 issued by JMP Securities on July 30, 2024. The low is $10.5 issued by UBS on April 17, 2025. The 3 most-recent analyst ratings were released by Maxim Group, Truist Securities, and UBS on May 14, 2025, May 14, 2025, and April 17, 2025, respectively. With an average price target of $11 between Maxim Group, Truist Securities, and UBS, there's an implied 7.37% upside for PennantPark Floating Rate Capital Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/14/2025 | Buy Now | 12.25% | Maxim Group | Michael Diana49% | $12.5 → $11.5 | Maintains | Buy | Get Alert |
05/14/2025 | Buy Now | 7.37% | Truist Securities | Mark Hughes83% | $12 → $11 | Maintains | Buy | Get Alert |
04/17/2025 | Buy Now | 2.49% | UBS | Vilas Abraham47% | $11.5 → $10.5 | Maintains | Neutral | Get Alert |
04/08/2025 | Buy Now | 7.37% | Keefe, Bruyette & Woods | Paul Johnson65% | $11.5 → $11 | Maintains | Market Perform | Get Alert |
08/12/2024 | Buy Now | 17.13% | Maxim Group | Michael Diana49% | → $12 | Upgrade | Hold → Buy | Get Alert |
07/30/2024 | Buy Now | 17.13% | JMP Securities | Kevin Fitzsimmons66% | $12.5 → $12 | Maintains | Market Outperform | Get Alert |
03/26/2024 | Buy Now | 22.01% | JMP Securities | Kevin Fitzsimmons66% | $12.5 → $12.5 | Reiterates | Market Outperform → Market Outperform | Get Alert |
01/18/2024 | Buy Now | 22.01% | JMP Securities | Kevin Fitzsimmons66% | $12 → $12.5 | Maintains | Market Outperform | Get Alert |
06/08/2023 | Buy Now | 7.37% | UBS | Vilas Abraham47% | → $11 | Initiates | → Neutral | Get Alert |
05/15/2023 | Buy Now | 17.13% | JMP Securities | Kevin Fitzsimmons66% | $12 → $12 | Reiterates | Market Outperform → Market Outperform | Get Alert |
03/13/2023 | Buy Now | 17.13% | JMP Securities | Kevin Fitzsimmons66% | → $12 | Reiterates | → Market Outperform | Get Alert |
02/13/2023 | Buy Now | 17.13% | Truist Securities | Mark Hughes83% | $13 → $12 | Maintains | Buy | Get Alert |
The latest price target for PennantPark Floating Rate (NYSE:PFLT) was reported by Maxim Group on May 14, 2025. The analyst firm set a price target for $11.50 expecting PFLT to rise to within 12 months (a possible 12.25% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for PennantPark Floating Rate (NYSE:PFLT) was provided by Maxim Group, and PennantPark Floating Rate maintained their buy rating.
The last upgrade for PennantPark Floating Rate Capital Ltd happened on August 12, 2024 when Maxim Group raised their price target to $12. Maxim Group previously had a hold for PennantPark Floating Rate Capital Ltd.
There is no last downgrade for PennantPark Floating Rate.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PennantPark Floating Rate, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PennantPark Floating Rate was filed on May 14, 2025 so you should expect the next rating to be made available sometime around May 14, 2026.
While ratings are subjective and will change, the latest PennantPark Floating Rate (PFLT) rating was a maintained with a price target of $12.50 to $11.50. The current price PennantPark Floating Rate (PFLT) is trading at is $10.25, which is out of the analyst’s predicted range.
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