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

Brokerages have set a one year consensus price target of $21.00 for the company, according to Zacks. Zacks has also assigned TPG RE Finance Trust an industry rank of 72 out of 265 based on the ratings given to related companies.

Several equities research analysts have weighed in on TRTX shares. Deutsche Bank AG started coverage on shares of TPG RE Finance Trust in a research note on Friday, August 18th. They issued a “buy” rating and a $21.00 target price for the company. JMP Securities initiated coverage on shares of TPG RE Finance Trust in a report on Friday, August 18th. They issued an “outperform” rating and a $21.50 price target for the company. J P Morgan Chase & Co initiated coverage on shares of TPG RE Finance Trust in a report on Monday, August 14th. They issued a “neutral” rating and a $20.50 price target for the company. Bank of America Corporation initiated coverage on shares of TPG RE Finance Trust in a report on Monday, August 14th. They issued a “buy” rating and a $21.00 price target for the company. Finally, Citigroup Inc. initiated coverage on shares of TPG RE Finance Trust in a report on Monday, August 14th. They issued a “neutral” rating and a $22.00 price target for the company.

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Shares of TPG RE Finance Trust (NASDAQ:TRTX) traded up 0.61% during trading on Monday, reaching $19.75. 3,615 shares of the company were exchanged. The company’s 50-day moving average is $19.88 and its 200 day moving average is $20.53. TPG RE Finance Trust has a 1-year low of $18.71 and a 1-year high of $20.70. The firm’s market capitalization is $1.19 billion.

About TPG RE Finance Trust

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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