Streetbeat News

PSBD

Palmer Square Capital BDC Inc.

http://palmersquarebdc.com

Industry

Asset Management

Palmer Square Capital BDC, Inc. engages in the provision of investment funds. It lends and invests in corporate debt securities of companies. The company was founded in 2019 and is headquartered in Mission Woods, KS.

Open

15.70

Mkt cap

512M

Volume

13K

High

15.75

P/E Ratio

8.75

52-wk high

17.12

Low

15.55

Div yield

0.09

52-wk low

15.27

B of A Securities has initiated coverage on Palmer Square Capital BDC (NYSE:PSBD) with a Neutral rating and set a price target of $16.5.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 12:35 pm

Citigroup analyst Arren Cyganovich initiates coverage on Palmer Square Capital BDC (NYSE:PSBD) with a Buy rating and a price target of $17.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 12:32 pm

RBC Capital analyst Kenneth Lee initiates coverage on Palmer Square Capital BDC (NYSE:PSBD) with an Outperform rating and a price target of $17.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 11:06 am

JP Morgan analyst Melissa Wedel has initiated coverage on Palmer Square Capital BDC (NYSE:PSBD) with an Overweight rating and set a price target of $17. This move could indicate a positive outlook on PSBD's future performance.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 11:05 am

Palmer Square Capital BDC has completed its initial public offering (IPO), offering 5.45 million common shares at a price of $16.45 per share. The shares began trading on the New York Stock Exchange on January 18, 2024, under the ticker symbol 'PSBD'. The company raised approximately $89.7 million in gross proceeds, which will be used to make investments aligned with its investment objectives and strategies.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 7:10 am

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