Analyst Price Target is $22.60
▲ +6.96% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Sixth Street Specialty Lending in the last 3 months. The average price target is $22.60, with a high forecast of $23.00 and a low forecast of $22.00. The average price target represents a 6.96% upside from the last price of $21.13.
Current Consensus is
Moderate Buy
The current consensus among 5 investment analysts is to moderate buy stock in Sixth Street Specialty Lending. This Moderate Buy consensus rating has held steady for over two years.
Sixth Street Specialty Lending, Inc. (NYSE: TSLX) is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities and structured products, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing. The fund invests in business services, software & technology, healthcare, energy, consumer & retail, manufacturing, industrials, royalty related businesses, education, and specialty finance. It seeks to finance and lending to middle market companies principally located in the United States. The fund invests in companies with enterprise value between $50 million and $1 billion or more and EBITDA between $10 million and $250 million. The transaction size is between $15 million and $350 million. The fund invests across the spectrum of the capital structure and can arrange syndicated transactions of up to $500 million and hold sizeable positions within its credits.
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