New Mountain Finance Corp has a consensus price target of $11.88 based on the ratings of 5 analysts. The high is $13 issued by Oppenheimer on May 10, 2023. The low is $11 issued by Wells Fargo on October 29, 2024. The 3 most-recent analyst ratings were released by Wells Fargo on October 29, 2024, August 2, 2024, and January 29, 2024, respectively. With an average price target of $11.83 between Wells Fargo, there's an implied 5.09% upside for New Mountain Finance Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for New Mountain Finance (NASDAQ:NMFC) was reported by Wells Fargo on October 29, 2024. The analyst firm set a price target for $11.00 expecting NMFC to fall to within 12 months (a possible -2.31% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for New Mountain Finance (NASDAQ:NMFC) was provided by Wells Fargo, and New Mountain Finance maintained their equal-weight rating.
There is no last upgrade for New Mountain Finance
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.
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 October 29, 2024 so you should expect the next rating to be made available sometime around October 29, 2025.
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 $11.00. The current price New Mountain Finance (NMFC) is trading at is $11.26, which is out of the analyst’s predicted range.
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