MSC Income Fund (NYSE:MSIF) Price Target Lowered to $14.00 at UBS Group

MSC Income Fund (NYSE:MSIF) had its price objective lowered by investment analysts at UBS Group from $14.50 to $14.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price target would suggest a potential upside of 11.85% from the stock’s current price.

Separately, Truist Financial dropped their price objective on shares of MSC Income Fund from $17.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, March 4th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $15.00.

MSC Income Fund Stock Performance

Shares of MSC Income Fund stock traded up $0.06 during trading on Friday, reaching $12.52. The company’s stock had a trading volume of 293,688 shares, compared to its average volume of 347,245. The stock has a market cap of $590.16 million and a PE ratio of -3,794.18. MSC Income Fund has a 52 week low of $11.78 and a 52 week high of $18.09.

MSC Income Fund (NYSE: MSIF) is a publicly traded investment company listed on the New York Stock Exchange that aims to provide shareholders with current income and the potential for capital appreciation through a diversified portfolio of income-producing assets. The fund offers investors a single vehicle to gain exposure to a variety of yield-generating securities managed under a unified investment strategy.

The fund’s portfolio strategy emphasizes a broad approach to income generation, with allocations that can include fixed-income instruments and other income-oriented securities.