TCG BDC, Inc. is a non-diversified closed-end investment company. The fund operates as a business development company. The company provides debt investments in the U.S. middle market companies. It also invests in first lien and second lien senior secured loans; middle market junior loans, such as corporate mezzanine loans, equity co-investments, syndicated first lien and second lien senior secured loans, high-yield bonds, structured finance obligations, and other opportunistic investments. The company was founded in 2012 and is headquartered in New York, New York.
IPO Year: 2017
Exchange: NASDAQ
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/10/2025 | $17.00 | Buy → Underperform | BofA Securities |
| 7/29/2024 | $17.00 | Neutral → Underweight | JP Morgan |
| 7/28/2023 | $16.00 | Neutral | B. Riley Securities |
| 9/6/2022 | $14.50 | Overweight → Neutral | JP Morgan |
| 12/16/2021 | $15.00 | Perform | Oppenheimer |
BofA Securities downgraded Carlyle Secured Lending from Buy to Underperform and set a new price target of $17.00
JP Morgan downgraded Carlyle Secured Lending from Neutral to Underweight and set a new price target of $17.00
B. Riley Securities initiated coverage of TCG BDC, Inc. with a rating of Neutral and set a new price target of $16.00
JP Morgan downgraded TCG BDC, Inc. from Overweight to Neutral and set a new price target of $14.50
Oppenheimer initiated coverage of TCG BDC with a rating of Perform and set a new price target of $15.00
Citigroup reiterated coverage of TCG BDC with a rating of and set a new price target of $14.50 from $11.00 previously