TPG RE Finance Trust Stock Analysis and Insider Transactions
TPG RE Finance Trust (NYSE:TRTX) Receives “Buy” Rating from BTIG Research
In an exciting development for investors, TPG RE Finance Trust’s stock received a “buy” rating from BTIG Research, with a price target of $11.00. This rating reaffirms the potential upside of 18.28% from the stock’s previous close.
Other brokerages have also weighed in on TRTX, with Raymond James downgrading the stock from a “strong-buy” to an “outperform” rating, setting a price target of $8.50. Wells Fargo & Company and JPMorgan Chase & Co. have also provided positive ratings and price targets for the company.
TPG RE Finance Trust’s stock opened at $9.30 on Friday, with a market cap of $746.23 million. The company has shown a 52-week low of $4.64 and a high of $9.56, with a quick ratio of 138.05 and a debt-to-equity ratio of 2.25.
In insider news, major shareholder Starwood Capital Group Global sold a significant number of shares, further adding to the intrigue surrounding the company. Hedge funds have also shown interest in TPG RE Finance Trust, with notable increases in their stakes in the company.
Overall, TPG RE Finance Trust continues to attract attention from investors and analysts alike, with a promising outlook for the future. Stay tuned for more updates on this dynamic company.
