FS KKR Capital Corp Sees Stock Rise Above Analyst Target
Shares of FS KKR Capital Corp (Symbol: FSK) recently traded at $20.81, surpassing the average 12-month target price set by analysts at $20.60. When a stock meets its analyst price target, analysts typically face two options: downgrade their valuation or raise their target price. Their choice may hinge on the company’s current business performance: a positive outlook could prompt an increase in the target price.
The average price target for FS KKR Capital Corp is based on 10 different analysts covered by Zacks. While this average provides a useful insight, analysts’ individual predictions differ significantly. One analyst has set a lower price of $19.00, while another predicts as high as $24.00, resulting in a standard deviation of $1.449.
Investors often turn to the average price target as a reflection of collective analyst opinions—a “wisdom of crowds” approach instead of relying on a single expert’s views. With FSK prices now above the average target of $20.60, it’s an opportune moment for investors to evaluate their positions. They must consider whether this price is just a temporary benchmark or if it signals that further growth is possible, raising the question of whether it’s prudent to hold or cash out some of their investments.
| Recent FSK Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Months Ago | 3 Months Ago |
| Strong buy ratings: | 3 | 3 | 3 | 3 |
| Buy ratings: | 0 | 0 | 0 | 0 |
| Hold ratings: | 8 | 8 | 8 | 8 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 0 | 0 | 0 | 0 |
| Average rating: | 2.45 | 2.45 | 2.45 | 2.45 |
The average rating, which is calculated on a scale from 1 to 5—where 1 is Strong Buy and 5 is Strong Sell—provides insight into analysts’ sentiments regarding FSK. This data was sourced from Zacks Investment Research via Quandl.com. Investors can access the latest Zacks research report on FSK for free.
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
