UBS Group Initiates Coverage on Palmer Square Capital BDC (NYSE:PSBD)

UBS Group started coverage on shares of Palmer Square Capital BDC (NYSE:PSBDFree Report) in a report issued on Monday morning, MarketBeat reports. The brokerage issued a neutral rating and a $16.50 target price on the stock.

Other equities analysts also recently issued reports about the stock. Royal Bank of Canada started coverage on shares of Palmer Square Capital BDC in a research note on Monday. They set an outperform rating and a $17.00 price objective for the company. Citigroup started coverage on shares of Palmer Square Capital BDC in a research note on Monday. They issued a buy rating and a $17.00 target price for the company. JPMorgan Chase & Co. started coverage on shares of Palmer Square Capital BDC in a research note on Monday. They issued an overweight rating and a $17.00 target price for the company. Bank of America started coverage on shares of Palmer Square Capital BDC in a research note on Monday. They issued a neutral rating and a $16.50 target price for the company. Finally, Oppenheimer assumed coverage on shares of Palmer Square Capital BDC in a research note on Monday. They issued an outperform rating and a $17.00 target price for the company. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of Moderate Buy and an average target price of $16.83.

Get Our Latest Stock Analysis on PSBD

Palmer Square Capital BDC Stock Up 0.3 %

Palmer Square Capital BDC stock opened at $16.33 on Monday. Palmer Square Capital BDC has a one year low of $15.57 and a one year high of $16.75.

About Palmer Square Capital BDC

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Palmer Square Capital BDC Inc is an externally managed, non-diversified closed-end management investment company which primarily lends to and invests in corporate debt securities, including small to large private U.S. companies and has elected to be regulated as a business development company. Palmer Square Capital BDC Inc is based in MISSION WOODS, Kan.

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Analyst Recommendations for Palmer Square Capital BDC (NYSE:PSBD)

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