Baird Downgrades OFS Capital (OFS) to Neutral

Baird downgraded OFS Capital (NASDAQ: OFS) from Outperform to Neutral with a price target of $13.00 (from $16.00).

Analyst Bryce Rowe believes the company will struggle to earn enough to support the dividend citing a challenging environment.

FY 2017 EPS estimate falls from $1.35 to $1.25 and FY 2018 EPS estimate falls from $1.50 to $1.16.

For an analyst ratings summary and ratings history on OFS Capital click here. For more ratings news on OFS Capital click here.

Shares of OFS Capital closed at $13.66 Friday.

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