$6.99
0.01[0.14%]
At close: Apr 25
$6.99
0[0.00%]
After Hours: 5:53PM EDT
XAI Octagon Floating Rate
(NYSE:XFLT)XAI Octagon Floating Rate Stock (NYSE:XFLT), Analyst Ratings, Price Targets, Predictions
XAI Octagon Floating Rate & Alternative Income Trust has a consensus price target of $8, established from looking at the 4 latest analyst ratings. The last 3 analyst ratings were released from B. Riley Securities, B. Riley Securities, and B. Riley Securities on September 12, 2023, June 6, 2023, and October 20, 2022. With an average price target of $7.83 between B. Riley Securities, B. Riley Securities, and B. Riley Securities, there's an implied 12.06% upside for XAI Octagon Floating Rate & Alternative Income Trust from these 3 analyst ratings.
Analyst Firms Making Recommendations1
B. Riley Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for XAI Octagon Floating Rate
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 09/12/2023 | XFLT | Buy Now | XAI Octagon FR & Alt Inc | $6.99 | 14.45% | B. Riley Securities | Matt Howlett | $7.5 → $8 | Maintains | Buy | Get Alert |
| 06/06/2023 | XFLT | Buy Now | XAI Octagon FR & Alt Inc | $6.99 | 7.3% | B. Riley Securities | Matt Howlett | $8 → $7.5 | Maintains | Buy | Get Alert |
| 10/20/2022 | XFLT | Buy Now | XAI Octagon FR & Alt Inc | $6.99 | 14.45% | B. Riley Securities | Matt Howlett | $9 → $8 | Maintains | Buy | Get Alert |
| 09/23/2021 | XFLT | Buy Now | XAI Octagon FR & Alt | $6.99 | 50.21% | B. Riley Securities | Matt Howlett | — | Initiates | → Buy | Get Alert |
FAQ
What is the target price for XAI Octagon Floating Rate (XFLT)?
The latest price target for XAI Octagon Floating Rate (NYSE: XFLT) was reported by B. Riley Securities on September 12, 2023. The analyst firm set a price target for $8.00 expecting XFLT to rise to within 12 months (a possible 14.45% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for XAI Octagon Floating Rate (XFLT)?
The latest analyst rating for XAI Octagon Floating Rate (NYSE: XFLT) was provided by B. Riley Securities, and XAI Octagon Floating Rate maintained their buy rating.
When was the last upgrade for XAI Octagon Floating Rate (XFLT)?
There is no last upgrade for XAI Octagon Floating Rate.
When was the last downgrade for XAI Octagon Floating Rate (XFLT)?
There is no last downgrade for XAI Octagon Floating Rate.
When is the next analyst rating going to be posted or updated for XAI Octagon Floating Rate (XFLT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of XAI Octagon 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 XAI Octagon Floating Rate was filed on September 12, 2023 so you should expect the next rating to be made available sometime around September 12, 2024.
Is the Analyst Rating XAI Octagon Floating Rate (XFLT) correct?
While ratings are subjective and will change, the latest XAI Octagon Floating Rate (XFLT) rating was a maintained with a price target of $7.50 to $8.00. The current price XAI Octagon Floating Rate (XFLT) is trading at is $6.99, which is out of the analyst’s predicted range.
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