Jefferies (NYSE:JEF) analyst John Hecht maintained a Buy rating on Hercules Capital (NYSE:HTGC) on Thursday, setting a price target of $20, which is approximately 21.73% above the present share price of $16.43.
Hecht expects Hercules Capital to post earnings per share (EPS) of $0.20 for the fourth quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Hercules Capital, with an average price target of $18.92.
The analysts price targets range from a high of $20 to a low of $18.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $43.92 million and a net profit of $0. The company's market cap is $1.9 billion.
According to TipRanks.com, Jefferies analyst John Hecht is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 15.5% and a 66.84% success rate.
Hercules Capital, Inc. is a specialty finance company, which focuses on providing senior secured loans to high-growth, innovative venture capital-backed companies in a variety of technology, life sciences, and sustainable and renewable technology industries. The company was founded by Manuel A. Henriquez in December 2003 and is headquartered in Palo Alto, CA.