Transcontinental Realty Investors Inc. (TCI) Receives “Sector Perform” Rating from Scotiabank
Scotiabank reissued their sector perform rating on shares of Transcontinental Realty Investors Inc. (NYSE:TCI) in a research note released on Tuesday morning. Scotiabank currently has a $21.00 target price on the stock.
Separately, RBC Capital Markets reissued a sector perform rating and set a $14.00 price target on shares of Transcontinental Realty Investors in a report on Wednesday, August 31st. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average target price of $19.42.
Shares of Transcontinental Realty Investors (NYSE:TCI) opened at 11.46 on Tuesday. The stock’s market cap is $99.90 million. The firm has a 50 day moving average price of $11.45 and a 200 day moving average price of $10.40. Transcontinental Realty Investors has a 12-month low of $8.05 and a 12-month high of $13.44.
Transcontinental Realty Investors (NYSE:TCI) last posted its quarterly earnings results on Thursday, August 11th. The company reported $0.51 earnings per share for the quarter. Transcontinental Realty Investors had a negative return on equity of 3.12% and a negative net margin of 5.85%.
Transcontinental Realty Investors Company Profile
Transcontinental Realty Investors, Inc is an externally advised and managed real estate investment company that owns a portfolio of income-producing properties and land held for development. The Company’s segments are Commercial Properties, Apartments, Land and Other. Its portfolio of income-producing properties includes residential apartment communities, office buildings and other commercial properties.
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