Investment analysts at UBS Group initiated coverage on shares of Palmer Square Capital BDC (NYSE:PSBD - Get Free Report) in a research report issued to clients and investors on Monday, Briefing.com reports. The firm set a "neutral" rating and a $16.50 price target on the stock. UBS Group's price target indicates a potential upside of 1.35% from the company's current price.
A number of other research firms also recently issued reports on PSBD. Bank of America started coverage on shares of Palmer Square Capital BDC in a research note on Monday. They set a "neutral" rating and a $16.50 price objective on the stock. Royal Bank of Canada initiated coverage on shares of Palmer Square Capital BDC in a research report on Monday. They issued an "outperform" rating and a $17.00 price objective for the company. JPMorgan Chase & Co. initiated coverage on shares of Palmer Square Capital BDC in a research note on Monday. They set an "overweight" rating and a $17.00 target price for the company. Oppenheimer assumed coverage on shares of Palmer Square Capital BDC in a research note on Monday. They issued an "outperform" rating and a $17.00 price target for the company. Finally, Citigroup started coverage on shares of Palmer Square Capital BDC in a report on Monday. They issued a "buy" rating and a $17.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $16.83.
View Our Latest Research Report on PSBD
Palmer Square Capital BDC Stock Performance
Shares of NYSE PSBD opened at $16.28 on Monday. Palmer Square Capital BDC has a 12-month low of $15.57 and a 12-month high of $16.75.
Palmer Square Capital BDC Company Profile
(Get Free Report
Palmer Square Capital BDC Inc is an externally managed, non-diversified closed-end management investment company which primarily lends to and invests in corporate debt securities, including small to large private U.S. companies and has elected to be regulated as a business development company. Palmer Square Capital BDC Inc is based in MISSION WOODS, Kan.
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