- SuRo Capital (SSSS, Financial) reports a slight decrease in net asset value, maintaining focus on AI and tech investments.
- Analysts suggest a significant upside potential with a price target average of $7.93.
- Brokerage firms maintain a "Buy" consensus recommendation for SuRo Capital.
SuRo Capital Corp (SSSS) recently revealed its estimated net asset value (NAV) per share, ranging from $6.50 to $7.00 as of March 31. This marks a modest decline from the previous $6.68 at the end of 2024. Currently, SuRo Capital shares are trading at $4.54, reflecting a 1.20% decrease. The company's strategic investments in artificial intelligence and technology sectors continue to be a focal point, with Q1 results expected in May.
Wall Street Analysts Forecast Strong Upside
Wall Street analysts provide a bullish outlook for SuRo Capital Corp (SSSS, Financial), offering one-year price targets that average at $7.93. The highest estimate reaches $8.70, while the lowest is set at $7.00. This average target price indicates a substantial upside potential of 78.89% from the current trading price of $4.43. Investors seeking more detailed projections can access the data on the SuRo Capital Corp (SSSS) Forecast page.
Analyst Ratings Indicate a 'Buy'
Reflecting confidence among brokerage firms, SuRo Capital Corp (SSSS, Financial) holds an average brokerage recommendation of 1.3, equating to a "Buy" status. This recommendation is derived from four brokerage firms and uses a rating scale where 1 signifies a Strong Buy and 5 indicates a Sell.
In conclusion, despite the slight dip in NAV, SuRo Capital's commitment to AI and tech investments, coupled with favorable analyst projections and a robust "Buy" recommendation, positions it as an attractive consideration for investors looking for growth potential.
