Royal Bank Of Canada reiterated their outperform rating on shares of Tricon Capital Group Inc (TSE:TCN) in a research note published on Wednesday, StockTargetPrices.com reports.
A number of other equities analysts have also recently commented on the company. National Bank Financial restated an outperform rating and set a C$13.00 target price on shares of Tricon Capital Group in a report on Thursday, August 25th. Canaccord Genuity reiterated a buy rating and issued a C$12.00 price objective on shares of Tricon Capital Group in a research note on Friday, August 12th. Finally, TD Securities lifted their price objective 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. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The company has an average rating of Buy and a consensus target price of C$12.64.
Shares of Tricon Capital Group (TSE:TCN) opened at 9.21 on Wednesday. The company’s 50-day moving average is $9.58 and its 200 day moving average is $9.04. Tricon Capital Group has a 12 month low of $7.53 and a 12 month high of $11.09. The stock has a market capitalization of $1.03 billion and a P/E ratio of 12.18.
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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