Home Capital Group Inc (TSE:HCG) was upgraded by investment analysts at Royal Bank Of Canada from an “underperform” rating to a “sector perform” rating in a research note issued on Thursday, StockTargetPrices.com reports. The firm currently has a C$14.00 price objective on the stock, up from their prior price objective of C$8.00. Royal Bank Of Canada’s target price points to a potential upside of 15.42% from the stock’s previous close.

Other research analysts have also recently issued research reports about the stock. TD Securities dropped their price target on shares of Home Capital Group from C$33.00 to C$23.00 and set a “hold” rating on the stock in a research note on Friday, April 21st. Raymond James Financial, Inc. downgraded shares of Home Capital Group from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from C$34.00 to C$23.00 in a research report on Thursday, April 20th. Macquarie downgraded shares of Home Capital Group from an “outperform” rating to a “neutral” rating in a research report on Monday, May 15th. Scotiabank restated a “sector perform” rating and set a C$28.00 price objective on shares of Home Capital Group in a research report on Friday, April 21st. Finally, National Bank Financial decreased their price objective on shares of Home Capital Group from C$27.00 to C$23.00 and set an “underperform” rating on the stock in a research report on Thursday, April 20th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of C$16.60.

Analyst Recommendations for Home Capital Group (TSE:HCG)

Shares of Home Capital Group (TSE:HCG) traded up 12.53% during midday trading on Thursday, reaching $13.65. 2,649,041 shares of the company’s stock were exchanged. The stock has a market cap of $876.37 million and a price-to-earnings ratio of 3.70. Home Capital Group has a one year low of $5.06 and a one year high of $33.01. The firm has a 50 day moving average of $8.95 and a 200-day moving average of $22.95.

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Home Capital Group Company Profile

Home Capital Group Inc is a Canada-based holding company that operates through its subsidiary, Home Trust Company (Home Trust), which offers deposits, residential and non-residential commercial mortgage lending and consumer lending. It offers deposits through brokers and financial planners, and through its direct-to-consumer deposit brand, Oaken Financial.

Stock Target Prices

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