Risk factor
Considerable default risk
Profitability factor
Solid dividends
About
PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in buildings and real estate, hotels, gaming and leisure, technology, telecommunications, transportation, information technology services,...
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on
Target Price
The average target price of PNNT is 6.5 and suggests 2% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation su
