Monroe Capital (MRCC) Stock Rating Upgraded by BidaskClub
BidaskClub upgraded shares of Monroe Capital (NASDAQ:MRCC) from a strong sell rating to a sell rating in a report published on Friday.
Several other analysts also recently weighed in on MRCC. Zacks Investment Research upgraded Monroe Capital from a sell rating to a hold rating in a research note on Thursday, November 9th. National Securities reiterated a buy rating and set a $17.00 target price on shares of Monroe Capital in a research note on Monday, November 13th. Finally, TheStreet upgraded Monroe Capital from a c+ rating to a b rating in a research note on Monday, November 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $16.67.
Shares of Monroe Capital (MRCC) opened at $13.54 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market capitalization of $274.05, a P/E ratio of 13.82 and a beta of 0.54. Monroe Capital has a 52 week low of $12.81 and a 52 week high of $16.20.
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About Monroe Capital
Monroe Capital Corporation is a closed-end, non-diversified management investment company. The Company is a specialty finance company focused on providing financing primarily to lower middle-market companies in the United States and Canada. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation primarily through investments in senior, unitranche and junior secured debt, and unsecured subordinated debt and equity.
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