MSC Income Fund (NYSE:MSIF) Given New $14.00 Price Target at UBS Group

Key Points

• UBS cut its price target on MSC Income Fund to $14.00 (from $14.50) and kept a "neutral" rating, implying roughly an 11.85% upside from the prior close.
• Truist lowered its target to $16.00 and maintains a "buy" rating; with one analyst Buy and one Hold, the consensus is a Moderate Buy and an average target of $15.00.
• MSIF traded at $12.52 mid-day—below analyst targets and its 12‑month high of $18.09—with a market cap of $590.16 million and a notably negative P/E of -3,794.18.

MSC Income Fund (NYSE:MSIF - Get Free Report) had its price target cut by analysts at UBS Group from $14.50 to $14.00 in a research note issued on Friday,Benzinga reports. The firm presently has a "neutral" rating on the stock. UBS Group's target price suggests a potential upside of 11.85% from the stock's previous close.

Separately, Truist Financial reduced 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 research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $15.00.

MSC Income Fund Trading Up 0.5%

MSC Income Fund stock traded up $0.06 during mid-day 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. MSC Income Fund has a 12 month low of $11.78 and a 12 month high of $18.09. The company has a market cap of $590.16 million and a P/E ratio of -3,794.18.

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.

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