In a report released yesterday, Paul Johnson from KBW maintained a Hold rating on Oaktree Specialty Lending (OCSL – Research Report), with a price target of $19.00. The company’s shares closed yesterday at $19.16.
According to TipRanks, Johnson is a 2-star analyst with an average return of 6.9% and a 100.00% success rate. Johnson covers the Financial sector, focusing on stocks such as BlackRock TCP Capital, Horizon Technology, and Barings BDC.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Oaktree Specialty Lending with a $20.13 average price target.
Based on Oaktree Specialty Lending’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.32 million and a net profit of $10.54 million. In comparison, last year the company earned a revenue of $2.41 million and had a net profit of $13.21 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Oaktree Specialty Lending (OCSL) Company Description:
Oaktree Specialty Lending Corp. is a specialty finance company, which engages in the provision of customized, one-stop credit solutions to companies with limited access to public or syndicated capital markets. Its portfolio include first lien, second lien, kemper jv, and equity. The company was founded on February 15, 2007 and is headquartered in Los Angeles, CA.
