Pennant Park Investment Corp has a consensus price target of $6.67 based on the ratings of 6 analysts. The high is $7.5 issued by Raymond James on November 17, 2023. The low is $5.5 issued by Keefe, Bruyette & Woods on February 9, 2023. The 3 most-recent analyst ratings were released by Compass Point, Compass Point, and Raymond James on September 9, 2024, July 15, 2024, and November 17, 2023, respectively. With an average price target of $6.67 between Compass Point, Compass Point, and Raymond James, there's an implied -3.52% downside for Pennant Park Investment Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Pennant Park Investment (NYSE:PNNT) was reported by Compass Point on September 9, 2024. The analyst firm set a price target for $6.00 expecting PNNT to fall to within 12 months (a possible -13.17% downside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Pennant Park Investment (NYSE:PNNT) was provided by Compass Point, and Pennant Park Investment upgraded their neutral rating.
The last upgrade for Pennant Park Investment Corp happened on September 9, 2024 when Compass Point raised their price target to $6. Compass Point previously had a sell for Pennant Park Investment Corp.
The last downgrade for Pennant Park Investment Corp happened on July 15, 2024 when Compass Point changed their price target from N/A to $6.5 for Pennant Park Investment Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pennant Park Investment, 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 Pennant Park Investment was filed on September 9, 2024 so you should expect the next rating to be made available sometime around September 9, 2025.
While ratings are subjective and will change, the latest Pennant Park Investment (PNNT) rating was a upgraded with a price target of $0.00 to $6.00. The current price Pennant Park Investment (PNNT) is trading at is $6.91, which is out of the analyst’s predicted range.
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