Timbercreek Financial (TSE:TF) PT Set at C$10.51 by Fundamental Research

Fundamental Research set a C$10.51 price target on Timbercreek Financial (TSE:TF) in a research note published on Monday morning, Price Targets.com reports. The brokerage currently has a buy rating on the stock.

“Fundamental Research Corp has issued a report entitled “Ramps Up Lending / Sector Multiples to Remain Strong Despite Surpassing Pre-Pandemic Levels” and dated November 12, 2021. The full report is now at www.researchfrc.com.

TF is an FRC Top Pick.

,” the firm’s analyst commented.

A number of other equities analysts have also commented on the stock. National Bank Financial raised their price target on shares of Timbercreek Financial to C$10.00 and gave the stock a sector perform rating in a research report on Wednesday, October 27th. National Bankshares raised their price target on shares of Timbercreek Financial from C$9.75 to C$10.00 in a research report on Wednesday, October 27th.

Shares of TF opened at C$9.55 on Monday. The firm has a market capitalization of C$778.78 million and a PE ratio of 20.85. The company’s 50-day moving average is C$9.68 and its 200-day moving average is C$9.58. Timbercreek Financial has a fifty-two week low of C$8.50 and a fifty-two week high of C$9.94. The company has a debt-to-equity ratio of 138.03, a current ratio of 29.97 and a quick ratio of 29.80.

About Timbercreek Financial

Timbercreek Financial Corp., a mortgage investment company, provides shorter-duration structured financing solutions to commercial real estate investors in Canada. It focuses on lending against income-producing commercial real estate properties, such as multi-residential, office, and retail buildings located in urban markets.

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