SuRo Capital (SSSS) Gets a Buy from JMP Securities

JMP Securities analyst Kevin Fultz maintained a Buy rating on SuRo Capital (SSSSResearch Report) yesterday and set a price target of $6.50. The company’s shares closed yesterday at $4.38.

According to TipRanks, Fultz is an analyst with an average return of -5.9% and a 14.29% success rate. Fultz covers the Financial sector, focusing on stocks such as Oaktree Specialty Lending, SuRo Capital, and Monroe Capital.

Currently, the analyst consensus on SuRo Capital is a Strong Buy with an average price target of $7.17, representing a 63.70% upside. In a report released on November 9, Barrington also reiterated a Buy rating on the stock with a $6.00 price target.

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SSSS market cap is currently $124.1M and has a P/E ratio of -2.01.

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Sutter Rock Capital Corp is a non-diversified closed-ended fund company. The fund invests in public and private companies located in the US and Non-US. It targets companies operating in the fields of social media, mobile computing and apps, cloud computing, software services, green technology, and education technology. It makes minority investments and provides financing for later-stage capital requirements.

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