What is the current Price Target for the XAI Octagon Floating Rate & Alternative Income Term Trust stock?

The average XAI Octagon Floating Rate & Alternative Income Term Trust target price is $8.00. This is 15.94% higher than the current stock price. 1 Analyst has issued a XAI Octagon Floating Rate & Alternative Income Term Trust price target 2025.

What is a price target?

A price target is an estimate by an analyst or investment bank of where a company's stock price could be in a certain period of time, usually 12 months.

XAI Octagon Floating Rate & Alternative Income Term Trust Forecast, price target & analysts

Q: How high will the XAI Octagon Floating Rate & Alternative Income Term Trust stock rise?

No reliable answer can be given as to how high the XAI Octagon Floating Rate & Alternative Income Term Trust stock will rise. The performance of stocks, including the XAI Octagon Floating Rate & Alternative Income Term Trust stock, depends on a variety of factors, such as the general economic situation, the company's business results, investor expectations and global events.

Q: What's going on with the XAI Octagon Floating Rate & Alternative Income Term Trust stock today?

The performance of XAI Octagon Floating Rate & Alternative Income Term Trust stock on any given day can be influenced by various factors, such as market conditions, industry trends, company news and global events.

Q: Why did the XAI Octagon Floating Rate & Alternative Income Term Trust stock fall?

The decline in XAI Octagon Floating Rate & Alternative Income Term Trust stock may be due to a variety of factors, such as market conditions, industry trends, company news, macroeconomic events or changes in investor expectations. It is important to note that stock markets are inherently volatile and the performance of an individual stock on any given day is not necessarily indicative of its long-term performance.

$6.90

1.29% yesterday

NYSE, Nov 15, 10:10 pm CET

ISIN

US98400T1060

Symbol

XFLT

Reports

Quarter | Annual

Index

NYSE Composite

Sector

Finances

Industry

Financial service provider

Overview Dividends Analysts Charts News Strategies

XAI Octagon Floating Rate & Alternative Income Term Trust Target price 2024 - Analyst rating & recommendation

XAI Octagon Floating Rate & Alternative Income Term Trust Classifications & Recommendation:

Buy

100%

XAI Octagon Floating Rate & Alternative Income Term Trust Price Target

Target Price	$8.00
Price	$6.90
Potential	15.94% register free of charge
Number of Estimates	1

	1 Analyst has issued a XAI Octagon Floating Rate & Alternative Income Term Trust price target 2025. The average XAI Octagon Floating Rate & Alternative Income Term Trust target price is $8.00. This is 15.94% register free of charge higher than the current stock price.
	A rating was issued by 1 analysts: 1 Analysts recommend XAI Octagon Floating Rate & Alternative Income Term Trust to buy, 0 to hold and 0 to sell.
	Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
	Analyst Estimates: Analysts believe that the XAI Octagon Floating Rate & Alternative Income Term Trust stock has an average upside potential 2025 of 15.94% register free of charge . Most analysts recommend the XAI Octagon Floating Rate & Alternative Income Term Trust stock at Purchase.

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Annually

	Sep '23	2024 Estimates
Earnings Per Share $	1.22	0.84
	211.93%	31.15%
P/E		8.45

The average XAI Octagon Floating Rate & Alternative Income Term Trust <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

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. This is

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than earnings per share in the financial year 2023.

This results in the following potential growth metrics and future valuations:

2023	$1.22	211.93%
2024	$0.84 31.15% Unlock

Current

XAI Octagon Floating Rate & Alternative Income Term Trust...

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