Compass Point disclosed Medley Management Inc (NASDAQ:MDLY), hiking its stock price target to $9.25 earlier today
- Updated: September 17, 2016
Displaying a price of $7.15, Medley Management Inc (NASDAQ:MDLY) traded 3.60% higher on the day. The last stock price close is up 29.41% relative to the 200-day average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. The company has recorded a 50-day average of $7.58 and 200-day average of $6.44. 90,358 shares of the stock traded, up from ann avg. trading volume of 44,216
Medley Management Inc (NASDAQ:MDLY) had its price target raised to $9 by Compass Point in a report released Friday August 19 2016. The updated target price suggests a possible upside of 0.29% from the bussiness’ previous closing price.
A total of 5 equity analysts have issued a ratings update on the stock. One firm rate the company a strong buy, one analyst rate the stock a buy, three analyts rate the company a hold, 0 rate the stock to underperform, and finally 0 firmsrate the company as sell with a 12-month target stock price of $6.65
Medley Management Inc has a one-year low of $3.43 and a 52 week high of $8.45 with a P/E ratio of 144 and has a market cap of $0.0.
General Company Details For Medley Management Inc (NASDAQ:MDLY)
Medley Management Inc. is an asset management firm offering yield solutions to retail and institutional investors. The Company operates in the investment management segment. It is focused on credit-related investment strategies, primarily originating senior secured loans to private middle market companies in the United States. The Company generally holds these loans to maturity. Its national direct origination franchise provides capital to the middle market in the United States. The Company has over $4.8 billion of assets under management (AUM) in approximately two business development companies (BDCs), Medley Capital Corporation (MCC) and Sierra Income Corporation (SIC), as well as private investment vehicles. It has over $5 billion of AUM. The Company provides capital to over 300 companies across approximately 35 industries in North America. The Company’s long-dated private funds include MOF I, and MOF II and MOF III. Its private funds are managed through partnership structures
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