The stock of Tricon Capital Group Inc (TSE:TCN) is a huge mover today! About 128,296 shares traded hands. Tricon Capital Group Inc (TSE:TCN) has risen 6.29% since April 15, 2016 and is uptrending. It has outperformed by 2.43% the S&P500.
The move comes after 8 months negative chart setup for the $1.06B company. It was reported on Nov, 21 by Barchart.com. We have $8.73 PT which if reached, will make TSE:TCN worth $53.00 million less.
Tricon Capital Group Inc (TSE:TCN) Ratings Coverage
Out of 4 analysts covering Tricon Capital Group (TSE:TCN), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $14 is the highest target while $11.50 is the lowest. The $12.90 average target is 40.37% above today’s ($9.19) stock price. Tricon Capital Group has been the topic of 16 analyst reports since August 19, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained Tricon Capital Group Inc (TSE:TCN) on Thursday, October 1 with “Outperform” rating. IBC reinitiated Tricon Capital Group Inc (TSE:TCN) on Wednesday, August 19 with “Sector Outperform” rating. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, October 26. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, November 25. The firm has “Outperform” rating by National Bank Canada given on Tuesday, August 25. As per Wednesday, August 19, the company rating was maintained by TD Securities. RBC Capital Markets maintained Tricon Capital Group Inc (TSE:TCN) on Wednesday, January 27 with “Outperform” rating. The rating was maintained by RBC Capital Markets on Wednesday, August 31 with “Outperform”. The stock of Tricon Capital Group Inc (TSE:TCN) has “Outperform” rating given on Thursday, February 25 by RBC Capital Markets. As per Wednesday, June 1, the company rating was maintained by RBC Capital Markets.
More recent Tricon Capital Group Inc (TSE:TCN) news were published by: Reuters.com which released: “BRIEF-Tricon Capital Group prices $363 million securitization” on October 17, 2016. Also Prnewswire.com published the news titled: “Houston-Based Johnson Development, Tricon Capital Group Acquire McKinney …” on July 21, 2016. Bloomberg.com‘s news article titled: “Tricon Targets Upscale Mobile Home Parks in US Bet” with publication date: March 25, 2014 was also an interesting one.
Tricon Capital Group Inc. is an asset manager and principal investor focused on the residential real estate industry. The company has a market cap of $1.06 billion. The Firm operates through five divisions. It has a 11.75 P/E ratio. Through Tricon Housing Partners, its land and homebuilding investment vertical, it invests or co-invests in private commingled funds, separate accounts and sidecars.
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