Scotiabank Trims Trilogy International Partners Inc (TRL) Target Price to C$11.00
Trilogy International Partners Inc (TSE:TRL) had its price target lowered by investment analysts at Scotiabank from C$12.50 to C$11.00 in a research report issued on Thursday. The firm currently has an “outperform” rating on the specialty pharmaceutical company’s stock. Scotiabank’s target price indicates a potential upside of 38.36% from the stock’s previous close.
Separately, TD Securities reaffirmed a “hold” rating and set a C$11.50 price target on shares of Trilogy International Partners in a report on Friday, April 28th.
Shares of Trilogy International Partners (TRL) traded down 1.89% during mid-day trading on Thursday, reaching $7.80. 1,000 shares of the company’s stock traded hands. Trilogy International Partners has a 12 month low of $7.80 and a 12 month high of $10.48. The stock’s market cap is $344.58 million. The firm has a 50 day moving average price of $8.41 and a 200-day moving average price of $9.35.
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About Trilogy International Partners
Trilogy International Partners Inc, formerly Alignvest Acquisition Corporation, is a Canada-based wireless telecommunications operator. The Company provides wireless communications services through its subsidiaries in New Zealand and Bolivia. Its subsidiaries include Viva and 2degrees. Viva provides voice and a range of data services to its mobile customers over its third generation (3G)-enabled global system for mobile communications (GSM) and fourth generation (4G) long term evolution (LTE) networks.
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