$7.05
0[0.00%]
At close: Apr 26
$7.05
0[0.00%]
After Hours: 8:30AM EDT
Pennant Park Investment
(NYSE:PNNT)Pennant Park Investment Stock (NYSE:PNNT), Analyst Ratings, Price Targets, Predictions
Pennant Park Investment Corp has a consensus price target of $6.89, established from looking at the 11 latest analyst ratings. The last 3 analyst ratings were released from Raymond James, Compass Point, and Raymond James on November 17, 2023, August 15, 2023, and August 14, 2023. With an average price target of $7.17 between Raymond James, Compass Point, and Raymond James, there's an implied 1.65% upside for Pennant Park Investment Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Raymond James
Compass Point
JP Morgan
Truist Securities
Keefe, Bruyette & Woods
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Pennant Park Investment
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11/17/2023 | PNNT | Buy Now | Pennant Park Investment | $7.05 | 6.38% | Raymond James | Robert Dodd | $7.25 → $7.5 | Maintains | Outperform | Get Alert |
| 08/15/2023 | PNNT | Buy Now | Pennant Park Investment | $7.05 | -4.26% | Compass Point | Casey Alexander | → $6.75 | Downgrade | Buy → Neutral | Get Alert |
| 08/14/2023 | PNNT | Buy Now | Pennant Park Investment | $7.05 | 2.84% | Raymond James | Robert Dodd | $6.5 → $7.25 | Maintains | Outperform | Get Alert |
| 08/11/2023 | PNNT | Buy Now | Pennant Park Investment | $7.05 | -7.8% | JP Morgan | Melissa Wedel | $6 → $6.5 | Maintains | Neutral | Get Alert |
| 02/13/2023 | PNNT | Buy Now | Pennant Park Investment | $7.05 | -0.71% | Truist Securities | Mark Hughes | $8 → $7 | Maintains | Buy | Get Alert |
| 02/09/2023 | PNNT | Buy Now | Pennant Park Investment | $7.05 | -21.99% | Keefe, Bruyette & Woods | Ryan Lynch | $7 → $5.5 | Downgrade | Outperform → Market Perform | Get Alert |
| 02/11/2022 | PNNT | Buy Now | Pennant Park Investment | $7.05 | 27.66% | Raymond James | Robert Dodd | $8 → $9 | Maintains | Outperform | Get Alert |
| 02/10/2022 | PNNT | Buy Now | Pennant Park Investment | $7.05 | 24.11% | Compass Point | Casey Alexander | $8 → $8.75 | Maintains | Buy | Get Alert |
| 11/19/2021 | PNNT | Buy Now | Pennant Park Investment | $7.05 | 6.38% | JP Morgan | Richard Shane | — | Upgrade | Underweight → Neutral | Get Alert |
| 08/06/2021 | PNNT | Buy Now | Pennant Park Investment | $7.05 | 13.48% | Compass Point | Casey Alexander | $7.5 → $8 | Maintains | Buy | Get Alert |
| 07/09/2021 | PNNT | Buy Now | Pennant Park Investment | $7.05 | 6.38% | Oppenheimer | Mitchel Penn | — | Initiates | → Perform | Get Alert |
FAQ
What is the target price for Pennant Park Investment (PNNT)?
The latest price target for Pennant Park Investment (NYSE: PNNT) was reported by Raymond James on November 17, 2023. The analyst firm set a price target for $7.50 expecting PNNT to rise to within 12 months (a possible 6.38% upside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Pennant Park Investment (PNNT)?
The latest analyst rating for Pennant Park Investment (NYSE: PNNT) was provided by Raymond James, and Pennant Park Investment maintained their outperform rating.
When was the last upgrade for Pennant Park Investment (PNNT)?
The last upgrade for Pennant Park Investment Corp happened on November 19, 2021 when JP Morgan raised their price target to $7.5. JP Morgan previously had an underweight for Pennant Park Investment Corp.
When was the last downgrade for Pennant Park Investment (PNNT)?
The last downgrade for Pennant Park Investment Corp happened on August 15, 2023 when Compass Point changed their price target from N/A to $6.75 for Pennant Park Investment Corp.
When is the next analyst rating going to be posted or updated for Pennant Park Investment (PNNT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pennant Park Investment, 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 Pennant Park Investment was filed on November 17, 2023 so you should expect the next rating to be made available sometime around November 17, 2024.
Is the Analyst Rating Pennant Park Investment (PNNT) correct?
While ratings are subjective and will change, the latest Pennant Park Investment (PNNT) rating was a maintained with a price target of $7.25 to $7.50. The current price Pennant Park Investment (PNNT) is trading at is $7.05, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.