Breaking: KBW Maintains $9.0 Target Price per Share On FS Investment Corporation (NYSE:FSIC) Shares, Maintains Their Original “Hold” Rating

December 8, 2017 - By Winifred Garcia

 Breaking: KBW Maintains $9.0 Target Price per Share On FS Investment Corporation (NYSE:FSIC) Shares, Maintains Their Original

FS Investment Corporation (NYSE:FSIC) Rating Reaffirmed

New York: In a research note revealed to investors on 5 October, KBW maintained their “Hold” rating on FS Investment Corporation (NYSE:FSIC) shares. They now have a $9.0 target on the company. KBW’s target gives a potential upside of 13.92 % from the company’s previous stock close.

FS Investment Corporation (NYSE:FSIC) Ratings Coverage

Among 9 analysts covering FS Investment (NYSE:FSIC), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. FS Investment has $11 highest and $9.0 lowest target. $9.88’s average target is 25.06% above currents $7.9 stock price. FS Investment had 15 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods on Wednesday, May 31 with “Hold”. Keefe Bruyette & Woods maintained FS Investment Corporation (NYSE:FSIC) rating on Thursday, August 10. Keefe Bruyette & Woods has “Hold” rating and $900 target. The stock has “Hold” rating by Keefe Bruyette & Woods on Sunday, July 23. The firm has “Market Perform” rating given on Friday, March 3 by Wells Fargo. The rating was maintained by JP Morgan on Thursday, August 11 with “Neutral”. As per Wednesday, September 30, the company rating was initiated by DA Davidson. The stock of FS Investment Corporation (NYSE:FSIC) has “Neutral” rating given on Friday, December 18 by Sterne Agee CRT. Cantor Fitzgerald upgraded the shares of FSIC in report on Monday, January 11 to “Buy” rating. The stock of FS Investment Corporation (NYSE:FSIC) earned “Equal-Weight” rating by Barclays Capital on Wednesday, September 7. Wood maintained the shares of FSIC in report on Monday, May 1 with “Hold” rating.

The stock decreased 1.25% or $0.1 during the last trading session, reaching $7.9. About 1.55 million shares traded or 18.63% up from the average. FS Investment Corporation (NYSE:FSIC) has risen 1.01% since December 8, 2016 and is uptrending. It has underperformed by 15.69% the S&P500.

Analysts await FS Investment Corporation (NYSE:FSIC) to report earnings on March, 7. They expect $0.20 earnings per share, down 13.04 % or $0.03 from last year’s $0.23 per share. FSIC’s profit will be $49.14M for 9.88 P/E if the $0.20 EPS becomes a reality. After $0.21 actual earnings per share reported by FS Investment Corporation for the previous quarter, Wall Street now forecasts -4.76 % negative EPS growth.

More news for FS Investment Corporation (NYSE:FSIC) were recently published by: Twst.com, which released: “FS Investment Corporation: FSIC Reports Third Quarter 2017 Financial Results …” on November 09, 2017. Seekingalpha.com‘s article titled: “FS Investment’s (FSIC) CEO Michael Forman on Q3 2017 Results – Earnings Call …” and published on November 10, 2017 is yet another important article.

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