Home Capital Group Inc (HCG) Given Consensus Recommendation of “Hold” by Analysts
Home Capital Group Inc (TSE:HCG) has received a consensus rating of “Hold” from the seven analysts that are covering the firm. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$31.25.
A number of analysts recently issued reports on HCG shares. Royal Bank Of Canada lowered their price target on shares of Home Capital Group from C$28.00 to C$27.00 and set a “sector perform” rating on the stock in a report on Friday, October 21st. RBC Capital Markets lowered their price target on shares of Home Capital Group from C$28.00 to C$27.00 and set a “sector perform” rating on the stock in a report on Friday, October 21st. Raymond James Financial, Inc. reissued an “outperform” rating and set a C$35.00 price target on shares of Home Capital Group in a report on Friday, October 28th. Scotiabank reaffirmed a “sector perform” rating and set a C$32.00 price objective on shares of Home Capital Group in a report on Thursday, November 3rd. Finally, TD Securities decreased their price objective on shares of Home Capital Group from C$37.00 to C$33.00 and set a “buy” rating on the stock in a report on Thursday, November 3rd.
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Home Capital Group (TSE:HCG) traded down 0.98% during trading on Friday, hitting $26.24. 137,625 shares of the company were exchanged. The company has a market capitalization of $1.69 billion and a price-to-earnings ratio of 7.07. Home Capital Group has a 12 month low of $23.41 and a 12 month high of $39.84. The stock’s 50-day moving average is $29.86 and its 200-day moving average is $28.40.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 1st. Shareholders of record on Wednesday, March 1st will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 3.92%. The ex-dividend date of this dividend is Wednesday, February 15th.
Home Capital Group Company Profile
Home Capital Group Inc is a Canada-based holding company, which operates primarily through its subsidiary, Home Trust Company (Home Trust). The Company, through its subsidiary, offers residential and non-residential mortgage lending, securitization of insured residential first mortgage products, consumer lending and credit card products.
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