NASDAQ:PNNT - PennantPark Investment Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $7.50
  • Forecasted Upside: 7.14 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$7.00
▼ -0.13 (-1.82%)

This chart shows the closing price for PNNT by one month, three months, or twelve months.

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Analyst Price Target for PNNT

Analyst Price Target is $7.50
▲ +7.14% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for PennantPark Investment in the last 3 months. The average price target is $7.50, with a high forecast of $7.50 and a low forecast of $7.50. The average price target represents a 7.14% upside from the last price of $7.00.

This chart shows the closing price for PNNT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 3 contributing investment analysts is to hold stock in PennantPark Investment. This rating changed within the last month from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

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  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/5/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/3/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/2/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/2/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/31/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/29/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/28/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/27/2021

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/19/2021JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$7.50Medium
8/24/2021JMP SecuritiesReiterated RatingHoldLow
7/9/2021OppenheimerInitiated CoverageMarket Perform$7.50Low
3/9/2021JMP SecuritiesInitiated CoverageMarket PerformLow
11/22/2020Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$4.00 ➝ $5.25High
11/20/2020LADENBURG THALM/SH SHUpgradeNeutral ➝ BuyMedium
11/19/2020Compass PointUpgradeNeutral ➝ Buy$3.50 ➝ $4.75High
10/29/2019JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$6.50 ➝ $6.00Low
5/13/2019LADENBURG THALM/SH SHDowngradeBuy ➝ NeutralLow
5/3/2019Compass PointDowngradeBuy ➝ Neutral$8.50 ➝ $7.00High
4/29/2019Raymond JamesInitiated CoverageOutperform ➝ Outperform$8.00Medium
1/16/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$7.50 ➝ $7.00Medium
8/9/2018Keefe, Bruyette & WoodsSet Price TargetHold$8.00High
2/9/2018LADENBURG THALM/SH SHUpgradeNeutral ➝ Buy$8.00Medium
11/5/2017Jefferies Financial GroupReiterated RatingHold$8.00N/A
10/26/2017Keefe, Bruyette & WoodsReiterated RatingHold$8.50N/A
8/25/2017Keefe, Bruyette & WoodsSet Price TargetHold$9.00Low
8/9/2017JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$8.00 ➝ $8.50High
7/25/2017Keefe, Bruyette & WoodsReiterated RatingHold$8.50Low
7/14/2017Jefferies Financial GroupReiterated RatingHold$8.00Low
7/13/2017Compass PointInitiated CoverageBuy ➝ Buy$8.50Medium
6/24/2017Keefe, Bruyette & WoodsSet Price TargetHold$9.00Low
5/22/2017Keefe, Bruyette & WoodsSet Price TargetHold$9.00Low
5/11/2017JMP SecuritiesDowngradeOutperform ➝ Market PerformMedium
4/21/2017Keefe, Bruyette & WoodsReiterated RatingHold$8.50Low
3/16/2017Jefferies Financial GroupReiterated RatingHold$8.00Low
2/9/2017LADENBURG THALM/SH SHDowngradeBuy ➝ NeutralN/A
12/20/2016Janney Montgomery ScottInitiated CoverageNeutral$9.00N/A
(Data available from 11/28/2016 forward)

News Sentiment Rating

0.37 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/2/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/1/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/1/2021
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/31/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/30/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/29/2021
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/29/2021
  • 2 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/28/2021

Current Sentiment

  • 2 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
PennantPark Investment logo
PennantPark Investment Corporation is a publicly listed business development firm specializing in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The firm invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, subordinated loans, mezzanine loans, and senior secured loans. It seeks to invest in companies based in the United States. The firm seeks to invest between $10 million and $50 million in its portfolio companies. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The firm may also make non-control equity and debt investments. PennantPark Investment Corporation was founded on January 11, 2007 and is based in New York, New York.
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Today's Range

Now: $7.00
Low: $6.90
High: $7.09

50 Day Range

MA: $6.75
Low: $6.28
High: $7.18

52 Week Range

Now: $7.00
Low: $4.34
High: $7.41

Volume

166,307 shs

Average Volume

360,920 shs

Market Capitalization

$469.35 million

P/E Ratio

3.11

Dividend Yield

6.73%

Beta

1.9

Frequently Asked Questions

What sell-side analysts currently cover shares of PennantPark Investment?

The following Wall Street sell-side analysts have issued reports on PennantPark Investment in the last year: JMP Securities, JPMorgan Chase & Co., Oppenheimer Holdings Inc., TheStreet, and Zacks Investment Research.
View the latest analyst ratings for PNNT.

What is the current price target for PennantPark Investment?

2 Wall Street analysts have set twelve-month price targets for PennantPark Investment in the last year. Their average twelve-month price target is $7.50, suggesting a possible upside of 7.1%. JPMorgan Chase & Co. has the highest price target set, predicting PNNT will reach $7.50 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $7.50 for PennantPark Investment in the next year.
View the latest price targets for PNNT.

What is the current consensus analyst rating for PennantPark Investment?

PennantPark Investment currently has 3 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PNNT, but not buy more shares or sell existing shares.
View the latest ratings for PNNT.

How do I contact PennantPark Investment's investor relations team?

PennantPark Investment's physical mailing address is 590 MADISON AVENUE 15TH FLOOR, NEW YORK NY, 10022. The asset manager's listed phone number is (212) 905-1000 and its investor relations email address is [email protected] The official website for PennantPark Investment is www.pennantpark.com.