Analyst Price Target is $13.25
▲ +1.30% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for BlackRock TCP Capital in the last 3 months. The average price target is $13.25, with a high forecast of $14.50 and a low forecast of $12.00. The average price target represents a 1.30% upside from the last price of $13.08.
Current Consensus is
The current consensus among 2 investment analysts is to buy stock in BlackRock TCP Capital. This Buy consensus rating has held steady for over two years.
TCP Capital Corp. is an externally-managed specialty finance company focused on middle-market lending. We have elected to be regulated as a business development company, or BDC, under the Investment Company Act of 1940. Our stock is traded on NASDAQ under the ticker symbol ''TCPC''. TCP Capital's investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. We invest primarily in debt of private, middle-market companies with enterprise values typically between $100 million and $1.5 billion, including complex situations requiring specialized industry knowledge. While we invest primarily in senior debt instruments, we have the flexibility to provide financing solutions at any level of the capital structure. With our rigorous approach to due diligence, active investment monitoring and long-term perspective, we are an ideal partner for companies and sponsors seeking a stable source of capital.