Tikehau Capital (OTCMKTS:TKKHF) Shares Up 27% – Here’s What Happened

Tikehau Capital (OTCMKTS:TKKHF)’s stock price shot up 27% during trading on Friday . The company traded as high as C$22.35 and last traded at C$22.35. 2,500 shares were traded during mid-day trading, a decline of 94% from the average session volume of 39,250 shares. The stock had previously closed at C$17.60.

Analysts Set New Price Targets

Separately, Citigroup restated a “buy” rating on shares of Tikehau Capital in a research note on Friday, January 2nd. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

Tikehau Capital Price Performance

The company’s fifty day moving average price is C$17.70 and its 200 day moving average price is C$19.32.

Tikehau Capital Company Profile

Tikehau Capital is a Paris‐based alternative asset management and investment group offering a wide range of financing solutions across multiple asset classes. The firm specializes in private debt, private equity, real estate, liquid strategies and capital markets, along with dedicated platforms for energy transition and infrastructure financing. Through its integrated approach, Tikehau Capital seeks to address the specific financing needs of corporations, real estate developers and institutional investors.

In its private debt division, the company provides direct lending, mezzanine financing and special‐situation debt to mid‐sized companies in Europe and beyond.