Tricon Capital Group (TSE:TCN) stock price target increased to $13.00, issued a ratings update earlier today by Raymond James

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Raymond James upped the price target of Tricon Capital Group (TSE:TCN) to $13.00 stating a potential upside of 0.20%.

Previously on 02/24/2017, CIBC World Markets reported on Tricon Capital Group (TSE:TCN) increased the target price from $12.00 to $12.50. At the time, this indicated a possible upside of 0.17%.

Displaying a price of $10.80, Tricon Capital Group (TSE:TCN) traded 1.88% higher on the day. With the last close up 12.72% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same time. The company has recorded a 50-day moving average of $10.45 and a two hundred day average of $9.62. Volume of trade was up over the average, with 930,914 shares of TCN changing hands over the typical 238,223

Performance Chart

Tricon Capital Group (TSE:TCN)

Tricon Capital Group has price-earnings ratio of 23.41 with a one year low of $8.10 and a one year high of $11.16 and has a total market value of $0.

A total of 9 firms have reported on the stock. 3 brokerages rating the stock a strong buy, 6 brokers rating the stock a buy, 0 brokers rating the stock a hold, zero analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $9.44.

Brief Synopsis About Tricon Capital Group (TSE:TCN)

Tricon Capital Group Inc. is a Canada-based company, which is a principal investor and asset manager focused on the residential real estate industry in North America. The Company operates through five segments: Private Funds and Advisory (PF&A), Principal Investing in Tricon Housing Partners (THP), Tricon American Homes (TAH), Tricon Lifestyle Communities (TLC) and Tricon Luxury Residences (TLR). In Private Funds and Advisory, the Company manages, on behalf of private investors, commingled funds, sidecars and separate investment accounts that invest in the development of real estate in North America. Tricon's investment activities are carried on through Tricon Housing Partners (land and homebuilding), Tricon American Homes (single-family rental), Tricon Lifestyle Communities (manufactured housing communities) and Tricon Luxury Residences (purpose-built multi-family apartments). It manages capital on behalf of third-party institutional and high net-worth accredited investors.

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