Shares of Home Capital Group Inc (TSE:HCG) have been given an average recommendation of “Hold” by the eight research firms that are currently covering the company, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$17.50.

A number of equities research analysts recently commented on HCG shares. Scotiabank started coverage on shares of Home Capital Group in a report on Friday. They set a “sector perform” rating and a C$18.00 price objective on the stock. National Bank Financial upgraded shares of Home Capital Group from an “underperform” rating to a “sector perform” rating and raised their price objective for the stock from C$13.00 to C$17.50 in a report on Friday, June 23rd. TD Securities raised their price objective on shares of Home Capital Group from C$18.00 to C$19.00 and gave the stock a “speculative buy” rating in a report on Thursday, June 22nd. Raymond James Financial, Inc. raised their price objective on shares of Home Capital Group from C$10.00 to C$17.50 and gave the stock a “market perform” rating in a report on Wednesday, June 21st. Finally, Industrial Alliance Securities raised their target price on shares of Home Capital Group from C$10.50 to C$19.00 and gave the company a “speculative buy” rating in a research report on Wednesday, June 21st.

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Shares of Home Capital Group (TSE:HCG) opened at 16.99 on Monday. The firm has a market capitalization of $1.09 billion and a P/E ratio of 4.60. The firm’s 50-day moving average is $11.78 and its 200 day moving average is $21.91. Home Capital Group has a 52 week low of $5.06 and a 52 week high of $32.61.

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.

Analyst Recommendations for Home Capital Group (TSE:HCG)

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