NYSE:XFLT - XAI Octagon Floating Rate & Alternative Income Term Trust Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $10.50
  • Forecasted Upside: 20.55 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$8.71
▼ -0.01 (-0.11%)

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Analyst Price Target for XFLT

Analyst Price Target is $10.50
▲ +20.55% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for XAI Octagon Floating Rate & Alternative Income Term Trust in the last 3 months. The average price target is $10.50, with a high forecast of $10.50 and a low forecast of $10.50. The average price target represents a 20.55% upside from the last price of $8.71.

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

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Current Consensus is Buy

The current consensus among 1 investment analysts is to buy stock in XAI Octagon Floating Rate & Alternative Income Term Trust.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/5/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/4/2020
  • 0 strong buy ratings
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  • 0 sell ratings
10/2/2020
  • 0 strong buy ratings
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  • 0 sell ratings
12/31/2020
  • 0 strong buy ratings
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3/31/2021
  • 0 strong buy ratings
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  • 0 sell ratings
6/29/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/28/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/27/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/23/2021B. RileyInitiated CoverageBuy$10.50Low
5/30/2019National SecuritiesReiterated RatingBuy$13.00Low
2/25/2019National SecuritiesReiterated RatingBuy$13.00Low
12/18/2018National SecuritiesReiterated RatingBuy$13.00Low
10/29/2018National SecuritiesInitiated CoverageBuy$13.00Low
(Data available from 9/27/2016 forward)

News Sentiment Rating

1.17 (Buy)

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

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  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/1/2021
  • 0 very positive mentions
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  • 0 negative mentions
  • 0 very negative mentions
3/31/2021
  • 0 very positive mentions
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  • 0 very negative mentions
4/30/2021
  • 0 very positive mentions
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  • 0 very negative mentions
5/30/2021
  • 0 very positive mentions
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6/29/2021
  • 2 very positive mentions
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7/29/2021
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/28/2021
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/27/2021

Current Sentiment

  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

XAI Octagon Floating Rate & Alternative Income Term Trust

XAI Octagon Floating Rate & Alternative Income Term Trust invests in a dynamically managed portfolio of floating-rate credit instruments and other structured credit investments within the private markets. Under normal market conditions, the Trust will invest at least 80% of managed assets in senior secured loans, CLO debt and CLO equity. The Trust seeks attractive total return with an emphasis on income generation across multiple stages of the credit cycle. There can be no assurance that the Trust will achieve its investment objective, and you could lose some or all of your investment.
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Today's Range

Now: $8.71
Low: $8.64
High: $8.76

50 Day Range

MA: $8.84
Low: $8.51
High: $9.10

52 Week Range

Now: $8.71
Low: $5.89
High: $9.85

Volume

176,000 shs

Average Volume

204,343 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

0.10%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of XAI Octagon Floating Rate & Alternative Income Term Trust?

The following Wall Street sell-side analysts have issued research reports on XAI Octagon Floating Rate & Alternative Income Term Trust in the last year: B. Riley.
View the latest analyst ratings for XFLT.

What is the current price target for XAI Octagon Floating Rate & Alternative Income Term Trust?

1 Wall Street analysts have set twelve-month price targets for XAI Octagon Floating Rate & Alternative Income Term Trust in the last year. Their average twelve-month price target is $10.50, suggesting a possible upside of 20.6%. B. Riley has the highest price target set, predicting XFLT will reach $10.50 in the next twelve months. B. Riley has the lowest price target set, forecasting a price of $10.50 for XAI Octagon Floating Rate & Alternative Income Term Trust in the next year.
View the latest price targets for XFLT.

What is the current consensus analyst rating for XAI Octagon Floating Rate & Alternative Income Term Trust?

XAI Octagon Floating Rate & Alternative Income Term Trust currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe XFLT will outperform the market and that investors should add to their positions of XAI Octagon Floating Rate & Alternative Income Term Trust.
View the latest ratings for XFLT.