Home Capital Group Inc (HCG) Receives Average Rating of “Hold” from Analysts
Shares of Home Capital Group Inc (TSE:HCG) have been given a consensus recommendation of “Hold” by the seven analysts that are presently covering the company, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation. The average 1 year price target among analysts that have issued a report on the stock in the last year is C$17.00.
A number of equities analysts have weighed in on HCG shares. National Bank Financial raised shares of Home Capital Group from an “underperform” rating to a “sector perform” rating and boosted their target price for the stock from C$13.00 to C$17.50 in a research note on Friday, June 23rd. TD Securities raised shares of Home Capital Group from a “hold” rating to a “speculative buy” rating and dropped their price target for the stock from C$23.00 to C$15.00 in a research note on Thursday, April 27th. Industrial Alliance Securities boosted their price target on shares of Home Capital Group from C$10.50 to C$19.00 and gave the stock a “speculative buy” rating in a research note on Wednesday, June 21st. Royal Bank Of Canada upgraded shares of Home Capital Group from an “underperform” rating to a “sector perform” rating and boosted their price objective for the company from C$8.00 to C$14.00 in a report on Thursday, June 15th. Finally, Raymond James Financial, Inc. decreased their price objective on shares of Home Capital Group from C$23.00 to C$10.00 and set a “market perform” rating for the company in a report on Thursday, April 27th.
Home Capital Group (HCG) opened at 14.02 on Friday. The stock has a market cap of $900.13 million and a PE ratio of 3.80. The firm’s 50-day moving average price is $14.82 and its 200 day moving average price is $19.92. Home Capital Group has a 12-month low of $5.06 and a 12-month high of $32.61.
About Home Capital Group
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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