Solar Senior Capital Ltd (SUNS) is Reiterated by Maxim Group to Buy, Raises Price Target to $ 17

Solar Senior Capital Ltd (SUNS) was Reiterated by Maxim Group to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 17 from a previous price target of $16.75 . Maxim Group advised their investors in a research report released on May 5, 2016.

Many Wall Street Analysts have commented on Solar Senior Capital Ltd. Shares were Reiterated by Maxim Group on Feb 26, 2016 to “Buy” and Lowered the Price Target to $ 16.75 from a previous price target of $17.50 .

Solar Senior Capital Ltd opened for trading at $15.15 and hit $15.41 on the upside on Wednesday, eventually ending the session at $15.41, with a gain of 1.85% or 0.28 points. The heightened volatility saw the trading volume jump to 25,002 shares. Company has a market cap of $178 M.

In a different news, on Mar 10, 2016, Michael S Gross (director officer ) purchased 5,344 shares at $13.90 per share price. According to the SEC, on Dec 11, 2015, Bruce J Spohler (director officer ) purchased 2,400 shares at $14.82 per share price.

Solar Senior Capital Ltd. (SUNS) is a closed-end externally managed non-diversified management investment company. SUNS’ investment objective is to seek to maximize current income consistent with the preservation of capital. The Company invests primarily in the United States middle market companies. The Company invests in senior loans including first lien and second lien debt instruments and in debt of public companies that are thinly traded. The Company invests in senior loans made primarily to private leveraged middle-market companies with approximately $20 million to $100 million of earnings before interest taxes depreciation and amortization (EBITDA). SUNS’ investments consist of cash cash equivalents the United States Government securities or investment grade debt securities maturing in one year or less from the time of investment (collectively referred to as temporary investments). The Company is managed by Solar Capital Partners LLC (Solar Capital Partners).

Solar Senior Capital Ltd

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