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  "documentTitle": "American Capital, Ltd. (ACAS)",
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      "text": "The market is implying that the underlying assets are worth far less under ACAS management than they would be on a stand-alone basis.",
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      "text": "Wall Street Consensus Price Target Premium / (Discount) to NAV",
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      "text": "Price Target Premium / (Discount) to NAV: -10%",
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      "text": "Median analyst price target for ACAS is a 10% discount to NAV compared to a 48% and 7% premium for Internally Managed BDCs and Externally Managed BDCs respectively",
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      "text": "The market is implying that the underlying assets are worth far less under ACAS management than they would be on a stand-alone basis.",
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      "kind": "quote",
      "text": "“The market is implying that the underlying assets are worth far less under ACAS management than they would be on a stand-alone basis.” — Wells Fargo, August 7, 2015",
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      "kind": "source-note",
      "text": "Source: Bloomberg, Wall Street Research. Note: ACAS NAV based on stated NAV. (1) BDCs with market capitalization greater than $750 million...",
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      "text": "Ineffective Management Drives Low Valuation",
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