Shares of TPG RE Finance Trust Inc (NASDAQ:TRTX) have received an average broker rating score of 1.50 (Buy) from the four brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation and three have assigned a strong buy recommendation to the company.

Analysts have set a twelve-month consensus price objective of $21.00 for the company, according to Zacks. Zacks has also given TPG RE Finance Trust an industry rank of 71 out of 265 based on the ratings given to its competitors.

A number of equities analysts have issued reports on the stock. Bank of America Corporation assumed coverage on shares of TPG RE Finance Trust in a research report on Monday, August 14th. They issued a “buy” rating and a $21.00 price objective on the stock. J P Morgan Chase & Co assumed coverage on shares of TPG RE Finance Trust in a research report on Monday, August 14th. They issued a “neutral” rating and a $20.50 price objective on the stock. Citigroup Inc. assumed coverage on shares of TPG RE Finance Trust in a research report on Monday, August 14th. They issued a “neutral” rating and a $22.00 price objective on the stock. Deutsche Bank AG assumed coverage on shares of TPG RE Finance Trust in a research report on Friday, August 18th. They issued a “buy” rating and a $21.00 price objective on the stock. Finally, JMP Securities assumed coverage on shares of TPG RE Finance Trust in a research report on Friday, August 18th. They issued an “outperform” rating and a $21.50 price objective on the stock.

Shares of TPG RE Finance Trust (NASDAQ:TRTX) opened at 20.38 on Friday. TPG RE Finance Trust has a one year low of $18.71 and a one year high of $25.59. The firm’s 50-day moving average price is $19.83 and its 200-day moving average price is $20.62. The firm’s market capitalization is $1.22 billion.

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TPG RE Finance Trust Company Profile

TPG RE Finance Trust, Inc is a commercial real estate finance company. The Company is engaged in originating, acquiring and managing commercial mortgage loans and other commercial real estate-related debt instruments. It focuses primarily on directly originating and selectively acquiring floating rate first mortgage loans that are secured by high quality commercial real estate properties undergoing some form of transition and value creation, such as re-tenanting, refurbishment or other form of repositioning.

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Analyst Recommendations for TPG RE Finance Trust (NASDAQ:TRTX)

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