Goldman Sachs BDC Inc (GSBD) Stock AnalysisGSBDStock AnalysisGoldman Sachs BDC Inc

Goldman Sachs BDC, Inc. is a specialty finance company focused on lending to middle-market companies. The Company seeks to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including first lien, first lien/last-out unitranche and second lien debt, and unsecured debt, including mezzanine debt, as well as through select equity investments. It may also originate covenant-lite loans, which are loans with fewer financial maintenance covenants than other obligations, or no financial maintenance covenants. In addition to investments in United States middle-market companies, it may invest a portion of its capital in opportunistic investments, such as in large United States companies, foreign companies, stressed or distressed debt, structured products or private equity. It invests in various sectors, including automobiles, chemicals and financial services. Its investment advisor is Goldman Sachs Asset Management, L.P. It operates in the Financials sector.

Goldman Sachs BDC Inc is currently priced at $10.13, which is close to the analyst price target of $10 from Truist. The stock has a high RSI of 72.371, indicating it may be overbought in the short term. While the recent earnings report showed a non-GAAP net investment income of $0.37, beating estimates by $0.06, the downgrade by BofA to 'Underperform' raises concerns about future performance due to legacy assets impacting credit quality.

6 analysts cover GSBD: 1 rate it Buy, 4 Hold and 1 Sell. The average price target is 10.06.