UPDATE: Northland Capital Markets Starts GSV Capital (GSVC) at Outperform
Get Alerts GSVC Hot Sheet
Rating Summary:
6 Buy, 2 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 13 | New: 17
Join SI Premium – FREE
Northland Capital Markets initiated coverage on GSV Capital (NASDAQ: GSVC) with an Outperform rating and a price target of $13.00.
Analyst Jeff Houston commented, "GSV provides investors with access to disruptive, emerging-growth (100% growth on average), privately-held, pre-IPO companies at discounts. The fund typically invests alongside venture capitalists with the best track records, such as Kleiner Perkins, IVP, and Benchmark. At the end of 1Q15, it had positions in 46 private and four public companies and the theme mix was education tech 35%, cloud 29%, social/mobile 22%, marketplaces 9%, and sustainability 6%. GSV seeks to capture value in companies that historically would be public but are not yet due to the new-normal IPO characteristics: larger market caps ($1 billion, on average, up from $130 million in the 1990s), greater maturity (10 years of operating history vs. 3.5 years), and more seasoned executives."
For an analyst ratings summary and ratings history on GSV Capital click here. For more ratings news on GSV Capital click here.
Shares of GSV Capital closed at $10.27 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Maxim Group Starts The Lovesac Co. (LOVE) at Buy
- Maxim Group Starts Apple (AAPL) at Hold, 'Dead Money'
- VinFast Auto Ltd. (VFS) PT Lowered to $5 at BTIG
Create E-mail Alert Related Categories
Analyst Comments, New CoverageRelated Entities
IPOSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!