Tricon Residential (TCN – Research Report), was revisited on December 14, and remains undervalued for at least one analyst on the street. The NA sector company, Tricon Residential (TSX: TCN) has received a rating update from a Wall Street analyst on December 14.
According to TipRanks.com, Heffern is ranked #585 out of 8636 analysts.
Currently, the analyst consensus on Tricon Residential is a Moderate Buy with an average price target of C$12.79.
Tricon Residential’s market cap is currently C$3.38B and has a P/E ratio of 12.07.
Tricon Residential Inc is a rental housing company focused on serving the middle-market demographic. The company operates under five reportable segments: Tricon American Homes, Tricon Lifestyle Rentals U.S., Tricon Lifestyle Rentals Canada, Tricon Housing Partners, and Private Funds and Advisory. Tricon owns and operates approximately 30,000 single-family rental homes and multi-family rental units in around 21 markets across the United States and Canada, managed with an integrated technology-enabled operating platform.
The company’s shares closed last Friday at C$11.94.
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