Home Capital Group Inc (HCG) Receives C$17.67 Consensus Target Price from Brokerages
Shares of Home Capital Group Inc (TSE:HCG) have been assigned an average recommendation of “Hold” from the ten analysts that are presently covering the firm, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold recommendation. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$17.67.
Several analysts have recently issued reports on the company. CIBC set a C$17.00 price objective on Home Capital Group and gave the company a “neutral” rating in a research report on Monday, September 25th. Laurentian upped their price objective on Home Capital Group from C$17.00 to C$20.00 in a research report on Wednesday, September 13th. Laurentian Bank of Canada upped their price objective on Home Capital Group from C$17.00 to C$20.00 in a research report on Wednesday, September 13th. Royal Bank Of Canada downgraded Home Capital Group from a “speculative buy” rating to a “sector perform” rating and upped their price objective for the company from C$14.00 to C$15.00 in a research report on Friday, August 25th. Finally, Scotiabank reduced their price objective on Home Capital Group from C$18.00 to C$17.00 and set a “sector perform” rating on the stock in a research report on Friday, August 4th.
Shares of Home Capital Group (HCG) traded up C$0.23 during trading hours on Friday, hitting C$14.18. The stock had a trading volume of 502,397 shares, compared to its average volume of 365,607. Home Capital Group has a twelve month low of C$5.06 and a twelve month high of C$32.26.
In other Home Capital Group news, Director Alan Roy Hibben bought 4,000 shares of Home Capital Group stock in a transaction that occurred on Friday, September 22nd. The shares were purchased at an average cost of C$13.93 per share, for a total transaction of C$55,720.00.
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.
Receive News & Ratings for Home Capital Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Capital Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.