Shares of Timbercreek Financial Corp. (TSE:TF - Get Free Report) were up 0.3% during trading on Friday . The stock traded as high as C$7.59 and last traded at C$7.53. Approximately 232,029 shares changed hands during mid-day trading, an increase of 15% from the average daily volume of 202,281 shares. The stock had previously closed at C$7.51.
Analyst Ratings Changes
Several equities analysts have recently commented on TF shares. Canaccord Genuity Group set a C$8.00 target price on shares of Timbercreek Financial and gave the stock a "buy" rating in a report on Wednesday, April 23rd. TD Securities boosted their price target on shares of Timbercreek Financial from C$7.00 to C$7.50 and gave the stock a "hold" rating in a research report on Wednesday, May 7th.
Read Our Latest Stock Analysis on Timbercreek Financial
Timbercreek Financial Trading Up 0.3%
The stock's 50 day moving average is C$7.15 and its two-hundred day moving average is C$6.95. The company has a market capitalization of C$621.38 million, a PE ratio of 10.58 and a beta of 1.23. The company has a quick ratio of 145.00, a current ratio of 1.53 and a debt-to-equity ratio of 122.88.
Timbercreek Financial Company Profile
(
Get Free Report)
Timbercreek Financial Corp. provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing real estate properties, such as multi-residential, office, and retail buildings in urban markets. The company was founded in 2016 and is headquartered in Toronto, Canada.
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