Industrial Alliance Securities reiterated their buy rating on shares of Timbercreek Financial (TSE:TF) in a research note issued to investors on Wednesday. Industrial Alliance Securities currently has a C$10.00 price target on the stock.

Separately, Fundamental Research increased their price objective on shares of Timbercreek Financial from C$10.13 to C$10.24 and gave the company a top pick rating in a research report on Friday, August 17th.

TF opened at C$9.22 on Wednesday. Timbercreek Financial has a fifty-two week low of C$8.88 and a fifty-two week high of C$9.75.

Timbercreek Financial (TSE:TF) last posted its earnings results on Tuesday, August 14th. The company reported C$0.16 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.17 by C($0.01). The company had revenue of C$23.48 million for the quarter, compared to the consensus estimate of C$24.03 million.

Timbercreek Financial Company Profile

Timbercreek Financial Corporation, a mortgage investment company, provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing commercial real estate properties, such as multi-residential, office, and retail buildings located in urban markets.

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