The latest price target for PennantPark Floating Rate (NYSE:PFLT) was reported by Maxim Group on August 12, 2024. The analyst firm set a price target for $12.00 expecting PFLT to rise to within 12 months (a possible 3.54% upside). 4 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 upgraded 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 August 12, 2024 so you should expect the next rating to be made available sometime around August 12, 2025.

While ratings are subjective and will change, the latest PennantPark Floating Rate (PFLT) rating was a upgraded with a price target of $0.00 to $12.00. The current price PennantPark Floating Rate (PFLT) is trading at is $11.59, which is within the analyst’s predicted range.