Shares of Tricon Capital (TCN) were revisited by a Wall Street analyst today. Analyst Ken Avalos from Raymond James rated Tricon Capital (TCN) a Buy, setting a C$13.25 price target.
Avalos has an average return of 2.2% when recommending Tricon Capital.
According to TipRanks.com, Avalos is ranked #629 out of 5233 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tricon Capital with a C$13.25 average price target, which is a 20.5% upside from current levels. In a report issued on February 28, CIBC also reiterated a Buy rating on the stock with a C$14 price target.
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Tricon Capital’s market cap is currently C$1.54B and has a P/E ratio of 5.2. The company has a Price to Book ratio of 1.07.
Tricon Capital Group, Inc. is a residential real estate investment company. It operates through the following segments: Private Funds and Advisory; Tricon Housing Partners; Tricon American Homes; Tricon Lifestyle Rentals; and Tricon Lifestyle Communities.
The company’s shares closed on Monday at C$11.
