--- title: "PennantPark Floating Rate Capital Ltd. Stock 12‑Month Price Target Cut to $9.92, Implies 34% Upside" type: "News" locale: "en" url: "https://longbridge.com/en/news/295564482.md" description: "PennantPark Floating Rate Capital Ltd.'s average 12-month price target was lowered from $10.08 to $9.92 by six analysts, with estimates ranging between $9 and $10.50. Based on the August 10 closing price, this adjustment implies a potential upside of approximately 34%. Despite the cut, the consensus rating among seven covering analysts remains 'Buy', comprising five Buy ratings and two Hold ratings." datetime: "2026-08-11T17:20:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295564482.md) - [en](https://longbridge.com/en/news/295564482.md) - [zh-HK](https://longbridge.com/zh-HK/news/295564482.md) generator: "portal-rs" --- # PennantPark Floating Rate Capital Ltd. Stock 12‑Month Price Target Cut to $9.92, Implies 34% Upside - According to estimates from 6 analysts, PennantPark Floating Rate Capital Ltd. stock's average price target has fallen from $10.08 to $9.92, with forecasts ranging from $9 to $10.5 per share - Based on the Aug. 10 closing price, the updated target implies approximately 34% potential upside - Consensus rating remains at “Buy” across 7 covering analysts, with 5 Buys, 2 Holds and 0 Sells Explore more price target data and ratings for PennantPark Floating Rate Capital Ltd. on the , and track all previous and future analyst recommendations for PennantPark Floating Rate Capital Ltd. in the dedicated News Flow. **Disclaimer** Select reference data provided by FactSet. Copyright © 2026 FactSet Research Systems Inc. This information is not a recommendation for what you should do personally and does not constitute investment advice. ### Related Stocks - [PFLT.US](https://longbridge.com/en/quote/PFLT.US.md) - [FDS.US](https://longbridge.com/en/quote/FDS.US.md) ## Related News & Research - [PennantPark Floating Rate Capital Ltd. (NYSE:PFLT) Receives Average Rating of "Moderate Buy" from Analysts](https://longbridge.com/en/news/287318841.md) - [PennantPark Floating Rate Capital Q3 NAV per share falls](https://longbridge.com/en/news/295449977.md) - [Micron Technology Inc Stock (MU) Moved Up by 3.23% on Oct 26: A Full Analysis](https://longbridge.com/en/news/303106212.md) - [Alphabet Has $514 Billion in Cloud Orders. Here’s What Matters More Than That Number on Oct. 28.](https://longbridge.com/en/news/303058851.md) - [EULAV Asset Management Acquires 9,727 Shares of Moderna, Inc. $MRNA](https://longbridge.com/en/news/303047245.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**