Home Capital Group Inc (HCG) Receives Average Rating of “Hold” from Brokerages

Home Capital Group Inc (TSE:HCG) has earned a consensus recommendation of “Hold” from the ten brokerages that are presently covering the firm, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$17.67.

Several research firms recently commented on HCG. TD Securities raised their price target on shares of Home Capital Group from C$16.00 to C$17.00 in a research note on Thursday, November 16th. National Bank Financial raised their price target on shares of Home Capital Group from C$14.50 to C$15.50 and gave the stock a “sector perform” rating in a research note on Wednesday, November 15th. Royal Bank of Canada raised their price target on shares of Home Capital Group from C$15.00 to C$16.00 and gave the stock a “sector perform” rating in a research note on Wednesday, November 15th. Finally, CIBC set a C$17.00 price target on shares of Home Capital Group and gave the stock a “neutral” rating in a research note on Monday, September 25th.

In other Home Capital Group news, Director Alan Roy Hibben bought 3,000 shares of the business’s stock in a transaction on Thursday, November 16th. The shares were acquired at an average price of C$15.25 per share, with a total value of C$45,750.00. Also, Director James Lisson acquired 5,000 shares of the business’s stock in a transaction dated Thursday, November 23rd. The stock was purchased at an average cost of C$16.20 per share, for a total transaction of C$81,000.00. Insiders have acquired a total of 22,000 shares of company stock worth $338,560 in the last three months.

Shares of Home Capital Group (HCG) opened at C$15.48 on Friday. The stock has a market cap of $1,240.00, a PE ratio of 45.53 and a beta of 0.60. Home Capital Group has a twelve month low of C$5.06 and a twelve month high of C$30.54.

Home Capital Group (TSE:HCG) last released its earnings results on Tuesday, November 14th. The company reported C$0.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.28 by C$0.09. Home Capital Group had a net margin of 31.43% and a return on equity of 6.84%.

COPYRIGHT VIOLATION NOTICE: “Home Capital Group Inc (HCG) Receives Average Rating of “Hold” from Brokerages” was originally posted by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another site, it was illegally copied and republished in violation of US and international trademark and copyright laws. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2018/01/19/home-capital-group-inc-hcg-receives-average-rating-of-hold-from-brokerages.html.

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)

Receive News & Ratings for Home Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply