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.
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%.
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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