Tricon Capital Group Inc (TSE:TCN) had its target price hoisted by analysts at CIBC from C$13.00 to C$13.25 in a research report issued to clients and investors on Monday. CIBC’s price target would suggest a potential upside of 16.33% from the stock’s previous close.
A number of other equities research analysts have also weighed in on the company. TD Securities raised their price objective on Tricon Capital Group from C$12.50 to C$13.50 and gave the company a “buy” rating in a research note on Friday, November 10th. Raymond James Financial, Inc. lowered their price objective on Tricon Capital Group from C$14.00 to C$13.75 and set a “strong-buy” rating for the company in a research note on Friday, November 10th. Finally, Royal Bank Of Canada raised their price objective on Tricon Capital Group from C$13.00 to C$14.00 and gave the company an “outperform” rating in a research note on Thursday, November 9th.
Shares of Tricon Capital Group (TCN) opened at C$11.39 on Monday. Tricon Capital Group has a 12 month low of C$8.75 and a 12 month high of C$12.05.
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About Tricon Capital Group
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).
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