KBW Sticks to Its Hold Rating for Harvest Capital

By Austin Angelo

KBW analyst Ryan Lynch reiterated a Hold rating on Harvest Capital (NASDAQ: HCAP) on August 10 and set a price target of $13.50. The company’s shares closed yesterday at $13.37.

According to TipRanks.com, Lynch is a 3-star analyst with an average return of 3.1% and a 53.1% success rate. Lynch covers the Financial sector, focusing on stocks such as Fidus Investment Corporation, BlackRock Capital Investment, and Pennantpark Investment Corp.

Harvest Capital has an analyst consensus of Hold, with a price target consensus of $13.50.

Harvest Capital’s market cap is currently $85.62M and has a P/E ratio of 14.86. The company has a book value ratio of 0.9629.

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Harvest Capital Credit Corp. is a closed-end, non-diversified management investment company, which engages in the provision of customized financing to small and midsized businesses. Its products include senior secured debt, unitranche term loans, junior secured term loans, subordinated debt investments and minority equity co-investments.