FS Investment Corporation (NYSE:FSIC) has an average broker rating of 1.67, which is interpreted as a Buy, as rated by 6 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.
FS Investment Corporation (NYSE:FSIC) : 5 investment research analysts covering FS Investment Corporation (NYSE:FSIC) have an average price target of $9.9 for the near short term. The highest target price given by the Brokerage Firm to the stock is $11 and the lowest target is $9 for the short term. Analysts expect the variance to be within $0.55 of the average price.
For the current week, the company shares have a recommendation consensus of Buy.
FS Investment Corporation (NYSE:FSIC): stock turned positive on Tuesday. Though the stock opened at $8.72, the bulls momentum made the stock top out at $8.91 level for the day. The stock recorded a low of $8.67 and closed the trading day at $8.87, in the green by 3.02%. The total traded volume for the day was 1,368,768. The stock had closed at $8.61 in the previous days trading.
In an insider trading activity, Volk James Francis, officer (Chief Compliance Officer) of Fs Investment Corp, had purchased 560 shares on June 3, 2016. The total value of the transaction was $5,034. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
FS Investment Corporation is a non-diversified, closed-end management investment company. The Companys investment objectives are to generate current income and a long-term capital appreciation. Its portfolio consists of investments in senior secured loans and second lien secured loans of private middle market United States companies and subordinated loans of private United States companies. The Company focuses on purchasing interests in loans or making other debt investments, including investments in senior secured bonds, through secondary market transactions in the over-the-counter market or directly from companies it is focused on, as primary market or directly originated investments. It also focuses on purchasing interests in the form of common or preferred equity or the equity-related securities. Its investment activities are managed by FB Income Advisor, LLC. FB Advisor has engaged GSO/Blackstone Debt Funds Management LLC (GDFM), to act as its investment sub-adviser.