Shares of OFS Credit Company Inc (NASDAQ:OCCI) have received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Brokers have set a one year consensus price objective of $20.00 for the company, according to Zacks. Zacks has also given OFS Credit an industry rank of 169 out of 257 based on the ratings given to its competitors.

Separately, LADENBURG THALM/SH SH assumed coverage on OFS Credit in a research report on Thursday, November 1st. They set a “buy” rating and a $20.00 target price for the company.

In other OFS Credit news, insider Bilal Rashid purchased 77,500 shares of the company’s stock in a transaction that occurred on Wednesday, October 10th. The stock was purchased at an average cost of $20.00 per share, with a total value of $1,550,000.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link.

Shares of OFS Credit stock remained flat at $$17.00 during midday trading on Friday. The company had a trading volume of 6,900 shares, compared to its average volume of 12,957. OFS Credit has a 1-year low of $16.51 and a 1-year high of $19.00.

The business also recently announced a monthly dividend, which was paid on Friday, November 30th. Investors of record on Monday, November 12th were given a dividend of $0.167 per share. The ex-dividend date of this dividend was Thursday, November 8th. This represents a $2.00 annualized dividend and a dividend yield of 11.79%.

About OFS Credit

OFS Credit Company, Inc operates as a closed-end management investment company in the United States. The company primarily focuses on investing in debt and subordinated securities; corporate credit investments, including leveraged loans and high yield bonds; opportunistic credit investments, such as stressed and distressed credit situations and long/short credit investments; and other credit-related instruments.

Recommended Story: How Short Selling Works

Get a free copy of the Zacks research report on OFS Credit (OCCI)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for OFS Credit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OFS Credit and related companies with MarketBeat.com's FREE daily email newsletter.