Home Capital Group Inc (HCG) PT Raised to C$20.00
Home Capital Group Inc (TSE:HCG) had its price objective lifted by investment analysts at Laurentian Bank of Canada from C$17.00 to C$20.00 in a research note issued to investors on Wednesday. Laurentian Bank of Canada’s target price indicates a potential upside of 41.74% from the stock’s previous close.
Other equities research analysts have also recently issued research reports about the company. Scotiabank reduced their price objective on Home Capital Group from C$18.00 to C$17.00 and set a “sector perform” rating for the company in a research note on Friday, August 4th. Royal Bank Of Canada cut Home Capital Group from a “speculative buy” rating to a “sector perform” rating and boosted their price objective for the company from C$14.00 to C$15.00 in a research note on Friday, August 25th. Industrial Alliance Securities boosted their price objective on 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. National Bank Financial reduced their price objective on Home Capital Group from C$17.50 to C$14.50 and set a “sector perform” rating for the company in a research note on Tuesday, July 25th. Finally, TD Securities boosted their price objective on 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. Seven equities research analysts have rated the stock with a hold rating, Home Capital Group presently has a consensus rating of “Hold” and a consensus price target of C$17.75.
Home Capital Group (TSE HCG) opened at 14.11 on Wednesday. The stock has a market capitalization of $1.13 billion and a price-to-earnings ratio of 14.41. The firm’s 50-day moving average is $13.51 and its 200-day moving average is $16.16. Home Capital Group has a 52-week low of $5.06 and a 52-week high of $32.26.
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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