Home Capital Group Inc (TSE:HCG) Price Target Lowered to C$14.50 at National Bank Financial
Home Capital Group Inc (TSE:HCG) had its price target dropped by National Bank Financial from C$17.50 to C$14.50 in a research note issued on Tuesday, StockTargetPrices.com reports. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s price target would suggest a potential downside of 0.62% from the stock’s current price.
Other equities analysts have also issued reports about the company. TD Securities reduced their price target on Home Capital Group from C$33.00 to C$23.00 and set a “hold” rating on the stock in a research report on Friday, April 21st. Raymond James Financial, Inc. boosted their price target on Home Capital Group from C$10.00 to C$17.50 and gave the stock a “market perform” rating in a research report on Wednesday, June 21st. Macquarie lowered Home Capital Group from an “outperform” rating to a “neutral” rating in a research report on Monday, May 15th. Scotiabank reissued a “sector perform” rating and set a C$27.00 price target on shares of Home Capital Group in a research report on Tuesday, March 28th. Finally, Royal Bank Of Canada raised Home Capital Group from an “underperform” rating to a “sector perform” rating and boosted their price target for the stock from C$8.00 to C$14.00 in a research report on Thursday, June 15th. Seven equities research analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and a consensus target price of C$17.00.
Home Capital Group (HCG) traded up 7.99% during mid-day trading on Tuesday, hitting $14.59. 1,720,324 shares of the company were exchanged. The stock has a market cap of $936.72 million and a price-to-earnings ratio of 3.95. Home Capital Group has a 12 month low of $5.06 and a 12 month high of $32.61. The firm has a 50 day moving average price of $14.39 and a 200 day moving average price of $20.12.
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.
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