Shares of Home Capital Group Inc (TSE:HCG) have received a consensus recommendation of “Hold” from the ten brokerages that are presently covering the company, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold rating. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$17.67.

Several research analysts have recently commented on the stock. National Bank Financial raised shares of Home Capital Group from an “underperform” rating to a “sector perform” rating and lifted their price target for the company from C$13.00 to C$17.50 in a report on Friday, June 23rd. Scotiabank started coverage on shares of Home Capital Group in a research note on Friday, June 30th. They set a “sector perform” rating and a C$18.00 target price for the company. Industrial Alliance Securities boosted 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 note on Wednesday, June 21st. Raymond James Financial, Inc. boosted their target price on shares of Home Capital Group from C$10.00 to C$17.50 and gave the company a “market perform” rating in a research note on Wednesday, June 21st. Finally, TD Securities boosted their target price on shares of Home Capital Group from C$18.00 to C$19.00 and gave the company a “speculative buy” rating in a research note on Thursday, June 22nd.

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Shares of Home Capital Group (HCG) opened at 13.94 on Wednesday. Home Capital Group has a 52 week low of $5.06 and a 52 week high of $32.26. The firm has a market cap of $1.12 billion and a P/E ratio of 14.24. The stock’s 50 day moving average is $13.71 and its 200 day moving average is $14.30.

In related news, Director Alan Roy Hibben purchased 4,000 shares of Home Capital Group stock in a transaction dated Friday, September 22nd. The stock was bought at an average cost of C$13.93 per share, with a total value of C$55,720.00.

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.

Analyst Recommendations for Home Capital Group (TSE:HCG)

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