The stock of TIMBERCREEK FINANCIAL CORP (TSE:TF) reached all time high today, Nov, 24 and still has $9.10 target or 4.00% above today’s $8.75 share price. This indicates more upside for the $641.83M company. This technical setup was reported by Barchart.com. If the $9.10 PT is reached, the company will be worth $25.67M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 5,581 shares traded hands. TIMBERCREEK FINANCIAL CORP (TSE:TF) has risen 6.00% since October 25, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.
TIMBERCREEK FINANCIAL CORP (TSE:TF) Ratings Coverage
Out of 2 analysts covering Timbercreek Financial (TSE:TF), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $9 is the highest target while $9 is the lowest. The $9 average target is 2.86% above today’s ($8.75) stock price. Timbercreek Financial has been the topic of 2 analyst reports since November 11, 2016 according to StockzIntelligence Inc. TD Securities maintained TIMBERCREEK FINANCIAL CORP (TSE:TF) on Friday, November 11 with “Buy” rating. The rating was maintained by National Bank Canada on Wednesday, November 16 with “Outperform”.
Another recent and important TIMBERCREEK FINANCIAL CORP (TSE:TF) news was published by Marketwatch.com which published an article titled: “Timbercreek Financial Corp. Completes $40 Million Bought Offering of …” on July 29, 2016.
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