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 17.79% upside for XAI Octagon Floating Rate & Alternative Income Trust from these most-recent analyst ratings.
1calculated from analyst ratings
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 20.30% upside). 0 analyst firms have reported ratings in the last year.
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.
There is no last upgrade for XAI Octagon Floating Rate
There is no last downgrade for XAI Octagon Floating Rate.
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.
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 $6.65, which is out of the analyst’s predicted range.
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