IsTPG Specialty Lending (NYSE:TSLX) An Attractive Buy? Ladenburg Thalmann Initiates Coverage


How Ladenburg Thalmann Currently Rates TPG Specialty Lending (NYSE:TSLX)

In analysts note released today, Ladenburg Thalmann analysts have begun TPG Specialty Lending (NYSE:TSLX) coverage with “Neutral” rating.

From a total of 5 analysts covering TPG Specialty Lending (NYSE:TSLX) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is $20 while the lowest target price is $17.5. The mean of all analyst targets is $18.3 with a 7.53% above today’s ($16.74) stock price. TPG Specialty Lending was the topic of 5 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Ladenburg Thalmann initiated shares on December 8 with “Neutral” rating.

The stock decreased 0.42% or $0.07 during the last trading session, striking $16.74. Approximately shares of stock traded hands. TPG Specialty Lending Inc (NYSE:TSLX) has declined 6.95% since May 6, 2015 and is downtrending. It has underperformed by 6.15% the S&P500.

TPG Specialty Lending, Inc. is an externally managed, closed-end, non-diversified management investment company. The company has a market cap of $910.50 million. The Firm is a specialty finance firm focused on lending to middle-market companies. It has 11.05 P/E ratio. The Firm seeks to generate current income primarily in the United States domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine loans and investments in corporate bonds and equity securities.

According to Zacks Investment Research, “TPG Specialty Lending, Inc. is a specialty finance company. It is focused on providing fully-underwritten capital solutions to middle market companies. The Company specializes in standalone first-lien loans, standalone second-lien loans, mezzanine loans, unitranche loans. TPG Specialty Lending, Inc. is based in Fort Worth, Texas.” Get a free copy of the Zacks research report on TPG Specialty Lending Inc (TSLX).