Zacks: Oaktree Strategic Income Co. (OCSI) Given Consensus Rating of “Hold” by Brokerages
Oaktree Strategic Income Co. (NASDAQ:OCSI) has earned a consensus broker rating score of 3.00 (Hold) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation.
Analysts have set a twelve-month consensus price objective of $9.25 for the company, according to Zacks. Zacks has also given Oaktree Strategic Income an industry rank of 204 out of 265 based on the ratings given to related companies.
A number of analysts have weighed in on OCSI shares. Zacks Investment Research upgraded Oaktree Strategic Income from a “hold” rating to a “buy” rating and set a $9.75 price target on the stock in a research note on Tuesday, August 15th. Maxim Group restated a “hold” rating on shares of Oaktree Strategic Income in a research note on Thursday, August 10th.
Oaktree Strategic Income (OCSI) traded up $0.01 during trading on Friday, reaching $8.60. The company’s stock had a trading volume of 38,087 shares, compared to its average volume of 165,335. Oaktree Strategic Income has a one year low of $7.03 and a one year high of $10.37. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.29 and a current ratio of 0.29. The firm has a market capitalization of $253.12, a PE ratio of 10.87 and a beta of 0.34.
About Oaktree Strategic Income
Oaktree Strategic Income Corporation, formerly Fifth Street Senior Floating Rate Corp., is a closed-end, non-diversified management investment company. The Company operates as a specialty finance company. The Company’s investment objective is to maximize its portfolio’s total return by generating current income from its debt investments while seeking to preserve its capital.
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