Stock Rating Upgrade
The Value Trend Rating for Goldman Sachs BDC Inc (NYSE: GSBD) improved during the last several trading days from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Goldman Sachs BDC Inc (NYSE: GSBD) stock closed at $14.84 on 11/17/23 after a modest gain of 0.5%. The stock has risen 2.8% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
GSBD’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Goldman Sachs BDC has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Goldman Sachs BDC has a neutral Appreciation Score of 52 but a good Power Rating of 81, and the Positive Value Trend Rating results.