FS Investment (FSIC) Is At $7.25 Formed Wedge; 3i Infrastructure plc (LON:3IN) Covered By 2 Bulls

FS Investment Corporation (FSIC) formed wedge down with $6.60 target or 9.00% below today’s $7.25 share price. FS Investment Corporation (FSIC) has $1.78 billion valuation. The stock increased 0.69% or $0.05 during the last trading session, reaching $7.25. About 1.44 million shares traded. FS Investment Corporation (NYSE:FSIC) has risen 1.01% since March 19, 2017 and is uptrending. It has underperformed by 15.69% the S&P500.

Among 2 analysts covering 3i Infrastructure Ltd (LON:3IN), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. 3i Infrastructure Ltd had 4 analyst reports since December 7, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, December 14 by RBC Capital Markets. RBC Capital Markets maintained 3i Infrastructure plc (LON:3IN) on Monday, December 7 with “Outperform” rating. The rating was upgraded by Jefferies to “Buy” on Wednesday, February 21. The rating was maintained by RBC Capital Markets on Thursday, February 22 with “Outperform”. See 3i Infrastructure plc (LON:3IN) latest ratings:

22/02/2018 Broker: RBC Capital Markets Rating: Outperform Old Target: GBX 215.00 New Target: GBX 240.00 Maintain
21/02/2018 Broker: Jefferies Rating: Buy Upgrade
14/12/2017 Broker: RBC Capital Markets Rating: Outperform Maintain

Analysts await FS Investment Corporation (NYSE:FSIC) to report earnings on May, 9. They expect $0.20 earnings per share, down 9.09% or $0.02 from last year’s $0.22 per share. FSIC’s profit will be $49.16M for 9.06 P/E if the $0.20 EPS becomes a reality. After $0.22 actual earnings per share reported by FS Investment Corporation for the previous quarter, Wall Street now forecasts -9.09% negative EPS growth.

Among 10 analysts covering FS Investment (NYSE:FSIC), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. FS Investment had 17 analyst reports since August 12, 2015 according to SRatingsIntel. As per Friday, March 2, the company rating was maintained by Keefe Bruyette & Woods. The stock of FS Investment Corporation (NYSE:FSIC) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, August 10. The company was maintained on Thursday, October 5 by Keefe Bruyette & Woods. The firm has “Market Perform” rating given on Friday, March 3 by Wells Fargo. Cantor Fitzgerald upgraded the shares of FSIC in report on Monday, January 11 to “Buy” rating. On Friday, December 18 the stock rating was initiated by Sterne Agee CRT with “Neutral”. The rating was maintained by Keefe Bruyette & Woods on Thursday, November 9 with “Hold”. Barclays Capital downgraded FS Investment Corporation (NYSE:FSIC) on Wednesday, September 7 to “Equal-Weight” rating. The firm has “Hold” rating by Keefe Bruyette & Woods given on Wednesday, May 31. The stock of FS Investment Corporation (NYSE:FSIC) earned “Neutral” rating by JP Morgan on Thursday, August 11.

3i Infrastructure plc is an investment firm specializing in infrastructure investments. the firm invests in early stage assets, mature assets, middle markets, mid venture, acquisitions, and projects and privatizations undergoing a period of operational ramp-up. The company has market cap of 1.67 billion GBP. It may invest in junior or mezzanine debt in infrastructure businesses or assets. It has a 8.61 P/E ratio. The firm primarily invests in core infrastructure companies and assets with a focus on the utilities, transportation, energies, social infrastructure and adjacent sectors; primary PPP with a focus on greenfield projects in education, transport, healthcare; public sector accommodation sectors and low-risk energy projects with a focus on wind, solar, offshore transmission in developed markets; and mid-market economic infrastructure with a focus on low-risk energy projects.

The stock decreased 0.10% or GBX 0.215 during the last trading session, reaching GBX 205.785. About 555,321 shares traded or 12.20% up from the average. 3i Infrastructure plc (LON:3IN) has 0.00% since March 19, 2017 and is . It has underperformed by 16.70% the S&P500.

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