Royal Bank Of Canada reaffirmed their outperform rating on shares of Tricon Capital Group Inc (TSE:TCN) in a research note issued to investors on Wednesday morning, StockTargetPrices.com reports.
Several other equities analysts have also recently commented on the company. National Bank Financial reiterated an outperform rating and set a C$13.00 target price on shares of Tricon Capital Group in a research note on Thursday, August 25th. TD Securities increased their target price on Tricon Capital Group from C$11.50 to C$12.00 and gave the company a buy rating in a research note on Friday, August 12th. Finally, Canaccord Genuity reiterated a buy rating and set a C$12.00 target price on shares of Tricon Capital Group in a research note on Friday, August 12th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Tricon Capital Group presently has a consensus rating of Buy and an average target price of C$12.64.
Shares of Tricon Capital Group (TSE:TCN) opened at 9.32 on Wednesday. The firm’s 50 day moving average is $9.64 and its 200 day moving average is $9.02. The stock has a market capitalization of $1.05 billion and a price-to-earnings ratio of 12.33. Tricon Capital Group has a 12 month low of $7.53 and a 12 month high of $11.09.
Tricon Capital Group Company Profile
Tricon Capital Group Inc is an asset manager and principal investor focused on the residential real estate industry. The Company operates through five segments. Through Tricon Housing Partners, its land and homebuilding investment vertical, it invests or co-invests in private commingled funds, separate accounts and sidecars.
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