TD Securities disclosed Tricon Capital Group (TSE:TCN), hiking its price target to $13.50 earlier today
- Updated: March 20, 2017
Having a price of $10.80, Tricon Capital Group (TSE:TCN) traded 1.88% higher on the day. With the last stock price up 12.72% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. TCN has recorded a 50-day average of $10.45 and a two hundred day average of $9.62. Trade Volume was up over the average, with 930,914 shares of TCN changing hands over the typical 238,223
Reporting a potential upside of 0.25%, TD Securities upped the price target of Tricon Capital Group (TSE:TCN) to $13.50
On 02/24/2017, CIBC World Markets released a statement about Tricon Capital Group (TSE:TCN) upped the target price from $12.00 to $12.50 that suggested an upside of 0.17%.
Recent Performance Chart
Tricon Capital Group has PE ratio of 23.41 with a one year low of $8.10 and a one year high of $11.16 and has a market capitalization of $0.
A total of 9 brokerages have released a report on Tricon Capital Group. Three brokerages rating the company a strong buy, six brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $9.44.
General Company Details For Tricon Capital Group (TSE:TCN)
Tricon Capital Group Inc. is a Canada-based company, which is a principal investor and asset manager focused on the residential real estate industry in North America. The Company operates through five segments: Private Funds and Advisory (PF&A), Principal Investing in Tricon Housing Partners (THP), Tricon American Homes (TAH), Tricon Lifestyle Communities (TLC) and Tricon Luxury Residences (TLR). In Private Funds and Advisory, the Company manages, on behalf of private investors, commingled funds, sidecars and separate investment accounts that invest in the development of real estate in North America. Tricon's investment activities are carried on through Tricon Housing Partners (land and homebuilding), Tricon American Homes (single-family rental), Tricon Lifestyle Communities (manufactured housing communities) and Tricon Luxury Residences (purpose-built multi-family apartments). It manages capital on behalf of third-party institutional and high net-worth accredited investors.
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