Timbercreek Financial Corp. (OTCMKTS:TBCRF – Get Free Report)’s share price dropped 1.1% during trading on Friday . The company traded as low as $4.43 and last traded at $4.43. Approximately 47,720 shares changed hands during trading, an increase of 174% from the average daily volume of 17,436 shares. The stock had previously closed at $4.48.
Analysts Set New Price Targets
Separately, TD Securities reissued a “hold” rating on shares of Timbercreek Financial in a research note on Friday, July 31st. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.
Read Our Latest Research Report on Timbercreek Financial
Timbercreek Financial Stock Down 1.1%
Timbercreek Financial Company Profile
Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing real estate properties, such as multi-residential, office, and retail buildings in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.
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