$12.26
-0.04-0.33%
Last update: 11:05 AM
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New Mountain Finance
NMFCNASDAQ
New Mountain Finance (NASDAQ:NMFC) Stock, Analyst Ratings, Price Targets, Forecasts
New Mountain Finance Corp has a consensus price target of $9.9 based on the ratings of 9 analysis. The 3 most-recent analyst ratings were released by Wells Fargo, Wells Fargo, and Oppenheimer on January 29, 2024, August 4, 2023, and May 10, 2023, respectively. With an average price target of $12.5 between Wells Fargo, Wells Fargo, and Oppenheimer, there's an implied 1.63% upside for New Mountain Finance Corp from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
Oppenheimer
Wells Fargo
B. Riley Securities
Janney Montgomery Scott
1calculated from analyst ratings
Analyst Ratings for New Mountain Finance
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 01/29/2024 | Buy Now | 1.63% | Wells Fargo | Timothy O'Shea | $12 → $12.5 | Maintains | Equal-Weight | Get Alert |
| 08/04/2023 | Buy Now | -2.44% | Wells Fargo | Timothy O'Shea | $11.5 → $12 | Maintains | Equal-Weight | Get Alert |
| 05/10/2023 | Buy Now | 5.69% | Oppenheimer | Mitchel Penn | $14 → $13 | Maintains | Outperform | Get Alert |
| 05/10/2023 | Buy Now | -6.5% | Wells Fargo | Timothy O'Shea | $11 → $11.5 | Maintains | Equal-Weight | Get Alert |
| 04/18/2023 | Buy Now | -10.57% | Wells Fargo | Timothy O'Shea | → $11 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 11/10/2022 | Buy Now | 1.63% | Wells Fargo | Finian O'Shea | $13 → $12.5 | Maintains | Overweight | Get Alert |
| 10/14/2022 | Buy Now | -6.5% | B. Riley Securities | Bryce Rowe | → $11.5 | Initiates | → Neutral | Get Alert |
| 02/07/2022 | Buy Now | — | Janney Montgomery Scott | John Rowan | — | Initiates | → Buy | Get Alert |
| 10/25/2021 | Buy Now | 15.85% | Wells Fargo | Finian O'Shea | — | Maintains | Overweight | Get Alert |
FAQ
What is the target price for New Mountain Finance (NMFC) stock?
The latest price target for New Mountain Finance (NASDAQ:NMFC) was reported by Wells Fargo on January 29, 2024. The analyst firm set a price target for $12.50 expecting NMFC to rise to within 12 months (a possible 1.96% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for New Mountain Finance (NMFC)?
The latest analyst rating for New Mountain Finance (NASDAQ:NMFC) was provided by Wells Fargo, and New Mountain Finance maintained their equal-weight rating.
When was the last upgrade for New Mountain Finance (NMFC)?
There is no last upgrade for New Mountain Finance
When was the last downgrade for New Mountain Finance (NMFC)?
The last downgrade for New Mountain Finance Corp happened on April 18, 2023 when Wells Fargo changed their price target from N/A to $11 for New Mountain Finance Corp.
When is the next analyst rating going to be posted or updated for New Mountain Finance (NMFC)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of New Mountain Finance, 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 New Mountain Finance was filed on January 29, 2024 so you should expect the next rating to be made available sometime around January 29, 2025.
Is the Analyst Rating New Mountain Finance (NMFC) correct?
While ratings are subjective and will change, the latest New Mountain Finance (NMFC) rating was a maintained with a price target of $12.00 to $12.50. The current price New Mountain Finance (NMFC) is trading at is $12.26, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.