Analysts at Oppenheimer assumed coverage on shares of WhiteHorse Finance (NASDAQ:WHF) in a note issued to investors on Thursday. The firm set a “buy” rating and a $15.00 price target on the investment management company’s stock. Oppenheimer’s target price indicates a potential upside of 6.91% from the stock’s previous close.

A number of other research analysts have also commented on WHF. BidaskClub raised WhiteHorse Finance from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. Zacks Investment Research lowered WhiteHorse Finance from a “hold” rating to a “sell” rating in a research report on Saturday, November 11th. ValuEngine raised WhiteHorse Finance from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Finally, Robert W. Baird lowered WhiteHorse Finance from an “outperform” rating to a “neutral” rating and set a $15.00 target price for the company. in a research report on Monday, October 23rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $15.00.

WhiteHorse Finance (WHF) opened at $14.03 on Thursday. The company has a market capitalization of $289.30, a P/E ratio of 10.14 and a beta of 0.74. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 0.64. WhiteHorse Finance has a 52-week low of $11.49 and a 52-week high of $15.05.

A number of hedge funds have recently bought and sold shares of the stock. Susquehanna International Group LLP purchased a new stake in WhiteHorse Finance during the 3rd quarter valued at $174,000. JPMorgan Chase & Co. boosted its stake in WhiteHorse Finance by 39.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,944 shares of the investment management company’s stock valued at $295,000 after purchasing an additional 5,664 shares during the last quarter. Macquarie Group Ltd. purchased a new stake in WhiteHorse Finance during the 3rd quarter valued at $539,000. Telemus Capital LLC purchased a new stake in WhiteHorse Finance during the 3rd quarter valued at $148,000. Finally, IFP Advisors Inc purchased a new stake in WhiteHorse Finance during the 3rd quarter valued at $743,000. 9.22% of the stock is owned by institutional investors.

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About WhiteHorse Finance

WhiteHorse Finance, Inc is a non-diversified, closed-end management investment company. The Company is a direct lender targeting debt investments in privately held, small-cap companies located in the United States. The Company’s investment objective is to generate attractive risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing small-cap companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate (LIBOR) and have a term of 3 to 6 years.

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