Brokerages Set Home Capital Group Inc (HCG) Price Target at $18.39

Shares of Home Capital Group Inc (TSE:HCG) have earned a consensus recommendation of “Hold” from the ten brokerages that are covering the stock, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$19.22.

HCG has been the topic of several analyst reports. Royal Bank of Canada raised their target price on Home Capital Group from C$15.00 to C$16.00 and gave the company a “sector perform” rating in a research report on Wednesday, November 15th. National Bank Financial lifted their price target on Home Capital Group from C$18.00 to C$19.00 and gave the company a “sector perform” rating in a research report on Thursday. TD Securities upgraded Home Capital Group from a “hold” rating to a “buy” rating and lifted their price target for the company from C$17.00 to C$21.00 in a research report on Monday, January 22nd. Raymond James Financial lifted their price target on Home Capital Group from C$17.50 to C$19.00 and gave the company a “market perform” rating in a research report on Friday. Finally, Scotiabank lifted their price target on Home Capital Group from C$17.00 to C$18.00 and gave the company a “sector perform” rating in a research report on Friday.

Shares of Home Capital Group (HCG) traded up C$0.81 during trading on Tuesday, hitting C$17.11. The stock had a trading volume of 423,600 shares, compared to its average volume of 331,095. The firm has a market cap of $1,370.00, a PE ratio of -244.43 and a beta of 0.56. Home Capital Group has a fifty-two week low of C$5.06 and a fifty-two week high of C$28.00.

In related news, Director James Lisson acquired 5,000 shares of Home Capital Group stock in a transaction dated Thursday, November 23rd. The stock was acquired at an average cost of C$16.20 per share, with a total value of C$81,000.00.

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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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