Positive News Coverage Somewhat Unlikely to Impact Saratoga Investment Corp (SAR) Share Price
Headlines about Saratoga Investment Corp (NYSE:SAR) have been trending positive on Monday, Accern Sentiment reports. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Saratoga Investment Corp earned a coverage optimism score of 0.28 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 46.5359773974693 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of brokerages have recently commented on SAR. National Securities began coverage on shares of Saratoga Investment Corp in a report on Tuesday, August 29th. They set a “neutral” rating and a $23.00 price target for the company. Zacks Investment Research upgraded shares of Saratoga Investment Corp from a “hold” rating to a “strong-buy” rating and set a $26.00 price target for the company in a report on Friday, October 20th. Maxim Group lifted their price target on shares of Saratoga Investment Corp to $24.00 and gave the stock a “buy” rating in a report on Tuesday, October 17th. They noted that the move was a valuation call. Royal Bank Of Canada reiterated an “outperform” rating on shares of Saratoga Investment Corp in a report on Thursday, September 7th. Finally, Janney Montgomery Scott began coverage on shares of Saratoga Investment Corp in a report on Friday, October 6th. They set a “neutral” rating for the company. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $24.33.
Shares of Saratoga Investment Corp (NYSE SAR) opened at $21.54 on Monday. The company has a market cap of $129.32, a PE ratio of 11.10 and a beta of 0.48. Saratoga Investment Corp has a twelve month low of $17.56 and a twelve month high of $23.78. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.07.
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Saratoga Investment Corp Company Profile
Saratoga Investment Corp. is a specialty finance company. The Company is an externally managed, closed-end, non-diversified management investment company. The Company invests primarily in leveraged loans and mezzanine debt issued by private middle-market companies in the United States. Its investment objective is to generate current income and, to a lesser extent, capital appreciation from its investments.
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