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A statement released earlier today by Oppenheimer Holdings Inc. about Solar Senior Capital Ltd (NASDAQ:SUNS) bumps the target price to $17.00

Oppenheimer Holdings Inc. raised the target price of Solar Senior Capital Ltd (NASDAQ:SUNS) to $17.00 indicating a possible upside of 0.04%.

Previously on Friday February 26, 2016, Maxim Group reported about Solar Senior Capital Ltd (NASDAQ:SUNS) lowered the target price from $17.00 to $16.00. At the time, this indicated a possible upside of 0.17%.

Yesterday Solar Senior Capital Ltd (NASDAQ:SUNS) traded 2.27% higher at $16.39. The company’s 50-day moving average is $15.97 and its 200-day moving average is $16.19. The last stock close price is up 3.04% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 70,856 shares of the stock were exchanged, down from an average trading volume of 127,294

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Solar Senior Capital Ltd (NASDAQ:SUNS)

Solar Senior Capital Ltd has a 52 week low of $12.80 and a 52 week high of $17.09 with a P/E ratio of 14.16 The company’s market cap is currently $0.

In addition to Oppenheimer Holdings Inc. reporting its target price, a total of 3 firms have reported on the stock. The consensus target price is $15.67 with 1 firm rating the stock a strong buy, 1 firm rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Solar Senior Capital Ltd (NASDAQ:SUNS)

Solar Senior Capital Ltd. (SUNS) is a management investment company. The Company's investment objective is to seek to maximize current income consistent with the preservation of capital. It invests in senior loans, including first lien and second lien debt instruments. It also invests in debt of public companies that are thinly traded. It invests in senior loans made to private, leveraged middle-market companies with approximately $20 million to $100 million of earnings before income taxes, depreciation and amortization. Its investment portfolio totals approximately $306.5 million and its net asset value is over $188.3 million. It invests in various industries, such as healthcare facilities, healthcare services, automobiles, healthcare technology, hotels, restaurants and leisure, building products, industrial conglomerates and chemicals. Its portfolio consists of debt and equity investments in over 45 portfolio companies. SUNS is managed by Solar Capital Partners, LLC.

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