Canaccord Genuity Increases Tricon Capital Group Inc (TCN) Price Target to C$13.50
Tricon Capital Group Inc (TSE:TCN) had its target price upped by research analysts at Canaccord Genuity from C$13.25 to C$13.50 in a report released on Monday. Canaccord Genuity’s price target suggests a potential upside of 18.53% from the stock’s previous close.
Several other research analysts have also issued reports on TCN. CIBC increased their price target on shares of Tricon Capital Group from C$13.00 to C$13.25 in a research note on Monday. TD Securities raised their price objective on shares of 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. reduced their price objective on shares of 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 shares of 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.
Tricon Capital Group (TSE: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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