RBC Capital analyst Kenneth Lee maintained a Buy rating on Hercules Capital (NYSE:HTGC) on Friday, setting a price target of $19, which is approximately 10.02% above the present share price of $17.27.
Lee expects Hercules Capital to post earnings per share (EPS) of $0.56 for the third quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Hercules Capital, with an average price target of $18.69.
The analysts price targets range from a high of $19 to a low of $18.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $84.55 million and a net profit of $0. The company's market cap is $2 billion.
According to TipRanks.com, RBC Capital analyst Kenneth Lee is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.3% and a 71.69% 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.