Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
10/24/2022 | -17.27% | Wells Fargo | $6 → $5.75 | Maintains | Underweight |
04/25/2022 | -6.47% | Wells Fargo | $7 → $6.5 | Maintains | Underweight |
11/09/2021 | — | Raymond James | Upgrades | Underperform → Market Perform | |
08/26/2021 | -6.47% | Wells Fargo | $6 → $6.5 | Maintains | Underweight |
05/13/2021 | -13.67% | Wells Fargo | $5.75 → $6 | Maintains | Underweight |
06/25/2020 | -35.25% | Wells Fargo | → $4.5 | Initiates Coverage On | → Underweight |
04/20/2020 | — | Raymond James | Downgrades | Market Perform → Underperform | |
01/22/2019 | -13.67% | Barclays | $7 → $6 | Downgrades | Equal-Weight → Underweight |
11/10/2017 | -13.67% | BMO Capital | $7 → $6 | Maintains | Market Perform |
Prospect Capital Questions & Answers
The latest price target for Prospect Capital (NASDAQ: PSEC) was reported by Wells Fargo on October 24, 2022. The analyst firm set a price target for $5.75 expecting PSEC to fall to within 12 months (a possible -17.27% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Prospect Capital (NASDAQ: PSEC) was provided by Wells Fargo, and Prospect Capital maintained their underweight rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Prospect Capital, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Prospect Capital was filed on October 24, 2022 so you should expect the next rating to be made available sometime around October 24, 2023.
While ratings are subjective and will change, the latest Prospect Capital (PSEC) rating was a maintained with a price target of $6.00 to $5.75. The current price Prospect Capital (PSEC) is trading at is $6.95, which is out of the analyst's predicted range.