▲ +13.25% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Tricon Residential Inc. (TCN.TO) in the last 3 months. The average price target is C$12.47, with a high forecast of C$14.00 and a low forecast of C$9.25. The average price target represents a 13.25% upside from the last price of C$11.01.
The current consensus among 4 polled investment analysts is to buy stock in Tricon Residential Inc. (TCN.TO). This Buy consensus rating has held steady for over two years.
Tricon Capital Group Inc. is a principal investor and asset manager primarily focused on rental housing in North America. The firm invests in a portfolio of single-family rental homes, multi-family rental apartments and for-sale housing assets, and manages third-party capital in connection with its investments. The firm owns and manages on behalf of third-party investors a portfolio of investments in land and homebuilding assets, single-family rental homes, manufactured housing communities, and multi-family development projects. The business objective of the firm is to invest for investment income and capital appreciation through its principal investment business and to earn fee income through private funds and advisory business. Tricon Capital Group Inc. was founded in 1988 and is based in Toronto, Canada with an additional office in San Francisco, California.