- The shares of Main Street Capital Corporation (NYSE: MAIN) have received a $39 price target from Oppenheimer. These are the details.
The shares of Main Street Capital Corporation (NYSE: MAIN) have received a $39 price target from Oppenheimer. And Oppenheimer analyst Mitchel Penn had initiated coverage of Main Street with a “Perform” rating.
Penn is projecting that Main Street can earn a 14% return on equity. And given an estimated cost of equity capital of 8.5%, calculates a fair value of $39 per share.
Plus Penn also estimates Main Street has issued and will likely continue to issue equity each quarter.
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