Timbercreek Financial (TSE:TF) Cut to “Market Perform” at Raymond James Financial

Timbercreek Financial (TSE:TF) was downgraded by equities researchers at Raymond James Financial from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Monday, January 8th. Raymond James Financial also issued estimates for Timbercreek Financial’s FY2019 earnings at $0.79 EPS.

Separately, National Bank Financial increased their price target on Timbercreek Financial from C$10.00 to C$10.25 and gave the company an “outperform” rating in a research note on Thursday, November 9th.

Timbercreek Financial (TSE:TF) opened at C$9.54 on Monday. The company has a market capitalization of $709.74 and a PE ratio of 13.63. Timbercreek Financial has a 1 year low of C$8.70 and a 1 year high of C$9.75.

Timbercreek Financial (TSE:TF) last posted its earnings results on Wednesday, November 8th. The company reported C$0.18 EPS for the quarter, meeting the consensus estimate of C$0.18.

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