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XAI Octagon Floating Rate

XFLTNYSE
$7.08
0.01000.14%
At Close: -
$7.03
-0.05-0.71%
After Hours: 8:51 AM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$8.00
Lowest Price Target1
$8.00
Consensus Price Target1
$8.00

XAI Octagon Floating Rate (NYSE:XFLT) Stock, Analyst Ratings, Price Targets, Forecasts

XAI Octagon Floating Rate & Alternative Income Trust has a consensus price target of $8 based on the ratings of 1 analysts. The high is $8 issued by B. Riley Securities on September 12, 2023. The low is $8 issued by B. Riley Securities on September 12, 2023. The 3 most-recent analyst ratings were released by B. Riley Securities on September 12, 2023, June 6, 2023, and October 20, 2022, respectively. With an average price target of $7.83 between B. Riley Securities, there's an implied 11.43% upside for XAI Octagon Floating Rate & Alternative Income Trust from these most-recent analyst ratings.

Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B. Riley Securities

1calculated from analyst ratings

Analyst Ratings for XAI Octagon Floating Rate

Buy NowGet Alert
09/12/2023Buy Now13.8%B. Riley Securities
Matt Howlett
$7.5 → $8MaintainsBuyGet Alert
06/06/2023Buy Now6.69%B. Riley Securities
Matt Howlett
$8 → $7.5MaintainsBuyGet Alert
10/20/2022Buy Now13.8%B. Riley Securities
Matt Howlett
$9 → $8MaintainsBuyGet Alert
09/23/2021Buy Now49.36%B. Riley Securities
Matt Howlett
Initiates → BuyGet Alert

FAQ

Q

What is the target price for XAI Octagon Floating Rate (XFLT) stock?

A

The latest price target for XAI Octagon Floating Rate (NYSE:XFLT) was reported by B. Riley Securities on September 12, 2023. The analyst firm set a price target for $8.00 expecting XFLT to rise to within 12 months (a possible 13.80% upside). 1 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for XAI Octagon Floating Rate (XFLT)?

A

The latest analyst rating for XAI Octagon Floating Rate (NYSE:XFLT) was provided by B. Riley Securities, and XAI Octagon Floating Rate maintained their buy rating.

Q

When was the last upgrade for XAI Octagon Floating Rate (XFLT)?

A

There is no last upgrade for XAI Octagon Floating Rate

Q

When was the last downgrade for XAI Octagon Floating Rate (XFLT)?

A

There is no last downgrade for XAI Octagon Floating Rate.

Q

When is the next analyst rating going to be posted or updated for XAI Octagon Floating Rate (XFLT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of XAI Octagon Floating Rate, 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 XAI Octagon Floating Rate was filed on September 12, 2023 so you should expect the next rating to be made available sometime around September 12, 2024.

Q

Is the Analyst Rating XAI Octagon Floating Rate (XFLT) correct?

A

While ratings are subjective and will change, the latest XAI Octagon Floating Rate (XFLT) rating was a maintained with a price target of $7.50 to $8.00. The current price XAI Octagon Floating Rate (XFLT) is trading at is $7.03, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.