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Research analysts at NBF assumed coverage on shares of Tricon Capital (TSE:TCN) in a report released on Monday, Stock Ratings News reports. The firm set an “outperform” rating and a C$10.00 price target on the stock. NBF’s target price indicates a potential upside of 25.94% from the stock’s previous close.

Shares of Tricon Capital (TSE:TCN) traded up 1.76% on Monday, hitting $8.08. 88,173 shares of the company’s stock traded hands. Tricon Capital has a one year low of $5.65 and a one year high of $8.33. The stock’s 50-day moving average is $7.61 and its 200-day moving average is $6.99. The company has a market cap of $728.4 million and a P/E ratio of 34.52.

Tricon Capital (TSE:TCN) last announced its earnings results on Tuesday, November 12th. The company reported $0.11 earnings per share for the quarter. Analysts expect that Tricon Capital will post $0.43 EPS for the current fiscal year.

TCN has been the subject of a number of other recent research reports. Analysts at Paradigm Capital raised their price target on shares of Tricon Capital from C$8.75 to C$10.50 in a research note to investors on Thursday, November 14th. They now have a “buy” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Tricon Capital from C$7.15 to C$8.50 in a research note to investors on Thursday, November 14th. They now have a “buy” rating on the stock. Finally, analysts at RBC Capital reiterated a “top pick” rating on shares of Tricon Capital in a research note to investors on Wednesday, November 13th. They now have a C$9.50 price target on the stock. Four investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of C$9.50.

Founded in 1988, Tricon is one of North America’s leading residential real estate investment companies with approximately $1.

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