In a report released on January 2, Tom Catherwood from BTIG maintained a Buy rating on Tpg Re Finance, with a price target of $11.00. The company’s shares closed last Friday at $8.82.
Claim 70% Off TipRanks This Holiday Season
Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
Stay ahead of the market with the latest news and analysis and maximize your portfolio’s potential
According to TipRanks, Catherwood is an analyst with an average return of -3.5% and a 41.07% success rate. Catherwood covers the Real Estate sector, focusing on stocks such as Sky Harbour Group, Alexandria Equities, and Prologis.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tpg Re Finance with a $10.13 average price target.
Based on Tpg Re Finance’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $86.66 million and a net profit of $21.6 million. In comparison, last year the company earned a revenue of $10.86 million and had a net profit of $22.19 million
Tpg Re Finance (TRTX) Receives a Buy from BTIG
