December 8, 2015, Analyst Ratings
Cantor Fitzgerald analyst David Chiaverini maintained a Buy rating on TCP Capital (NASDAQ: TCPC) today and set a price target of $17.50. The company’s shares opened today at $15.03.
TCP Capital has an analyst consensus of Hold.
The company has a one year high of $15.81 and a one year low of $13.16. Currently, TCP Capital has an average volume of 171.8k.
Like Cantor Fitzgerald`s latest rating, based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TCPC in relation to earlier this year. Last month, Howard Levkowitz, a the Chairman & CEO of TCPC bought 5,000 shares for a total of $76,241.
According to TipRanks.com, Chiaverini is a 4-star analyst with an average return of 7.1% and a 66.7% success rate. Chiaverini covers the financial sector, focusing on stocks such as Pennantpark Investment Corp., BlackRock Capital Investment, and Full Circle Capital Corp.
TCP Capital Corp is a closed-end non-diversified management investment company. Its investment objective is to seek to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection.