Crescent Capital BDC Inc has a consensus price target of $19 based on the ratings of 6 analysts. The high is $20 issued by Ladenburg Thalmann on September 30, 2024. The low is $18 issued by Wells Fargo on August 14, 2024. The 3 most-recent analyst ratings were released by Ladenburg Thalmann, B of A Securities, and Wells Fargo on September 30, 2024, August 15, 2024, and August 14, 2024, respectively. With an average price target of $19 between Ladenburg Thalmann, B of A Securities, and Wells Fargo, there's an implied 4.28% upside for Crescent Capital BDC Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Crescent Capital BDC (NASDAQ:CCAP) was reported by Ladenburg Thalmann on September 30, 2024. The analyst firm set a price target for $20.00 expecting CCAP to rise to within 12 months (a possible 9.77% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Crescent Capital BDC (NASDAQ:CCAP) was provided by Ladenburg Thalmann, and Crescent Capital BDC initiated their buy rating.
The last upgrade for Crescent Capital BDC Inc happened on August 12, 2022 when Oppenheimer raised their price target to $19. Oppenheimer previously had a perform for Crescent Capital BDC Inc.
The last downgrade for Crescent Capital BDC Inc happened on November 13, 2023 when Wells Fargo changed their price target from $16.5 to $16 for Crescent Capital BDC Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Crescent Capital BDC, 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 Crescent Capital BDC was filed on September 30, 2024 so you should expect the next rating to be made available sometime around September 30, 2025.
While ratings are subjective and will change, the latest Crescent Capital BDC (CCAP) rating was a initiated with a price target of $0.00 to $20.00. The current price Crescent Capital BDC (CCAP) is trading at is $18.22, which is within the analyst’s predicted range.
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