TPG RE Finance Trust Inc (NASDAQ:TRTX)‘s stock had its “neutral” rating reiterated by investment analysts at Citigroup Inc. in a research note issued to investors on Tuesday, MarketBeat.com reports. They currently have a $22.00 price target on the stock. Citigroup Inc.’s price objective would suggest a potential upside of 13.40% from the company’s previous close.

Other equities research analysts have also issued research reports about the stock. 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 price target on the stock. Bank of America Corporation started coverage on shares of TPG RE Finance Trust in a research note on Monday, August 14th. They issued a “buy” rating and a $21.00 price target on the stock. J P Morgan Chase & Co started coverage on shares of TPG RE Finance Trust in a research note on Monday, August 14th. They issued a “neutral” rating and a $20.50 price target on the stock. JMP Securities started coverage on shares of TPG RE Finance Trust in a research note on Friday, August 18th. They issued an “outperform” rating and a $21.50 price target on the stock. Finally, Zacks Investment Research lowered shares of TPG RE Finance Trust from a “hold” rating to a “sell” rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. TPG RE Finance Trust presently has an average rating of “Hold” and an average target price of $21.20.

TPG RE Finance Trust (NASDAQ:TRTX) opened at 19.34 on Tuesday. The firm’s 50-day moving average price is $19.90 and its 200 day moving average price is $19.82. TPG RE Finance Trust has a 52-week low of $18.71 and a 52-week high of $20.70. The firm’s market cap is $1.16 billion.

TRADEMARK VIOLATION WARNING: “TPG RE Finance Trust’s (TRTX) “Neutral” Rating Reaffirmed at Citigroup Inc.” was first published by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright law. The correct version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/10/17/tpg-re-finance-trust-inc-trtx-now-covered-by-analysts-at-citigroup-inc.html.

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.

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

Receive News & Ratings for TPG RE Finance Trust Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TPG RE Finance Trust Inc and related companies with MarketBeat.com's FREE daily email newsletter.