Tricon Capital Group Inc (TCN) Price Target Raised to C$12.50 at TD Securities
Tricon Capital Group Inc (TSE:TCN) had its price target raised by TD Securities from C$12.00 to C$12.50 in a research note issued to investors on Friday. The brokerage currently has a buy rating on the stock.
Several other equities research analysts also recently weighed in on TCN. Royal Bank Of Canada restated an outperform rating on shares of Tricon Capital Group in a research note on Wednesday, October 26th. Canaccord Genuity reiterated a buy rating and set a C$12.00 price objective on shares of Tricon Capital Group in a research note on Friday, August 12th. Finally, National Bank Financial reiterated an outperform rating and set a C$13.00 price objective on shares of Tricon Capital Group in a research note on Thursday, August 25th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of Buy and an average price target of C$12.50.
Tricon Capital Group (TSE:TCN) opened at 9.29 on Friday. Tricon Capital Group has a one year low of $7.53 and a one year high of $10.34. The company has a market cap of $1.05 billion and a P/E ratio of 14.61. The company has a 50-day moving average of $8.92 and a 200 day moving average of $9.09.
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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