Oppenheimer analyst Mitchel Penn maintained a Buy rating on Hercules Capital (NYSE:HTGC) on Friday, setting a price target of $17.5, which is approximately 0.23% below the present share price of $17.54.
Penn expects Hercules Capital to post earnings per share (EPS) of $1.32 for the second quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Hercules Capital, with an average price target of $17.43.
The analysts price targets range from a high of $20 to a low of $16.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $167.15 million and a net profit of $0. The company's market cap is $2.02 billion.
According to TipRanks.com, Oppenheimer analyst Mitchel Penn is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 12.4% and a 80.95% 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.