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RBC Capital Reaffirms Their Buy Rating on TPG (TPG)

Tipranks - Tipranks - Wed May 6, 9:00PM CDT

RBC Capital analyst Bart Dziarski maintained a Buy rating on TPG on May 4 and set a price target of $60.00. The company’s shares closed yesterday at $45.03.

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According to TipRanks, Dziarski is an analyst with an average return of -1.4% and a 38.89% success rate. Dziarski covers the Financial sector, focusing on stocks such as Fairfax Financial Holdings, TPG, and goeasy.

Currently, the analyst consensus on TPG is a Strong Buy with an average price target of $56.83, a 26.20% upside from current levels. In a report released yesterday, Goldman Sachs also assigned a Buy rating to the stock with a $61.00 price target.

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Based on TPG’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $496.15 million and a GAAP net loss of $1.45 million. In comparison, last year the company earned a revenue of $743.33 million and had a net profit of $25.39 million

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