Shares of Oaktree Specialty Lending Corp (OCSL) are down -3.43% this week; Should you buy?

Oaktree Specialty Lending Corp (OCSL) stock is up 8.46% over the past 12 months, and the average Wall Street analyst rating is a Strong Buy. InvestorsObserver’s proprietary ranking system, gives the OCSL title a score of 72 out of a possible 100.
This ranking is primarily influenced by a short-term technical score of 99. OCSL’s ranking also includes a long-term technical score of 68. OCSL’s fundamental score is 49. In addition to the average analyst rating of On Wall Street, OCSL stock has an average target price of $8.25. This means analysts expect the stock to rise 12.86% over the next 12 months.
What’s going on with OCSL stock today
Oaktree Specialty Lending Corp (OCSL) stock rose 0.62% while the S&P 500 was up 0.66% at 10:53 a.m. Wednesday, April 27. OCSL rose $0.04 from the previous closing price of $7.26 on volume of 531,259 shares. Over the past year, the S&P 500 is up 0.39% while the OCSL is up 8.46%. OCSL has earned $1.28 per share over the past 12 months, giving it a price-earnings ratio of 5.7. Click here for the full Oaktree Specialty Lending Corp stock report.
Stay in the know
Subscribe to our daily morning update newsletter and never miss market news, moves and more.