Royal Bank Reaffirms Sector Perform Rating for Blue Owl Technology Finance

Blue Owl Technology Finance (NYSE:OTF) has received a reaffirmation of its 'sector perform' rating from Royal Bank Of Canada. In a research report issued on Monday, the bank maintained its target price of $12.00 for the company.

This means that according to the analysts at Royal Bank Of Canada, OTF's stock could potentially increase by 5.59% from its current price. The current market capitalization of Blue Owl Technology Finance is $5.21 billion, with a price-to-earnings ratio of 14.23 and a beta of -0.86.

Other analysts have also weighed in on the stock, including Citizens Jmp, which increased its target price to $17.00, and Citigroup, which restated its 'outperform' rating.