KBW Believes TCG BDC Inc (NASDAQ: CGBD) Won’t Stop Here

By Jason Carr

KBW analyst Ryan Lynch reiterated a Buy rating on TCG BDC Inc (NASDAQ: CGBD) on August 29 and set a price target of $20. The company’s shares closed yesterday at $18.50, close to its 52-week high of $18.65.

According to TipRanks.com, Lynch is a 3-star analyst with an average return of 2.7% and a 50.8% success rate. Lynch covers the Financial sector, focusing on stocks such as Fidus Investment Corporation, BlackRock Capital Investment, and Pennantpark Investment Corp.

TCG BDC Inc has an analyst consensus of Moderate Buy, with a price target consensus of $20.

The company has a one year high of $18.65 and a one year low of $17.61. Currently, TCG BDC Inc has an average volume of 171.4K.

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