Goldman Sachs BDC Inc (GSBD) Receives $25.00 Average Target Price from Analysts
Shares of Goldman Sachs BDC Inc (NYSE:GSBD) have received an average rating of “Hold” from the seven brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $25.00.
A number of research firms have commented on GSBD. TheStreet raised shares of Goldman Sachs BDC from a “c” rating to a “b-” rating in a report on Thursday, December 21st. Zacks Investment Research lowered shares of Goldman Sachs BDC from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 3rd. BidaskClub lowered shares of Goldman Sachs BDC from a “hold” rating to a “sell” rating in a report on Saturday, October 28th. Finally, National Securities reaffirmed a “neutral” rating and set a $22.00 target price on shares of Goldman Sachs BDC in a report on Monday, November 6th.
In other news, Director Jaime Ardila purchased 8,108 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was bought at an average price of $21.84 per share, with a total value of $177,078.72. Following the acquisition, the director now directly owns 12,791 shares of the company’s stock, valued at $279,355.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.32% of the stock is owned by insiders.
Goldman Sachs BDC (NYSE:GSBD) traded down $0.11 on Tuesday, reaching $20.60. 102,474 shares of the company’s stock were exchanged, compared to its average volume of 110,348. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.61. Goldman Sachs BDC has a 12-month low of $20.11 and a 12-month high of $25.60. The firm has a market cap of $831.11 and a price-to-earnings ratio of -92.82.
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Goldman Sachs BDC Company Profile
Goldman Sachs BDC, Inc is a closed-end management investment company. The Company is a specialty finance company, which is focused on lending to middle-market companies. The Company’s investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien, including first lien, unitranche, including last out portions of such loans, and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments.
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