Shares of Home Capital Group Inc (TSE:HCG) have received a consensus recommendation of “Hold” from the ten brokerages that are presently covering the firm, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$18.20.
A number of equities analysts recently issued reports on HCG shares. TD Securities reduced their target price on Home Capital Group from C$21.00 to C$20.00 and set a “buy” rating for the company in a research note on Wednesday, May 9th. BMO Capital Markets restated a “market perform” rating and issued a C$15.50 target price on shares of Home Capital Group in a research note on Tuesday, April 10th. Raymond James reduced their target price on Home Capital Group from C$19.00 to C$16.50 and set a “market perform” rating for the company in a research note on Thursday, May 10th. Finally, National Bank Financial reduced their target price on Home Capital Group from C$17.00 to C$16.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 9th.
Home Capital Group opened at C$14.90 on Monday, MarketBeat.com reports. Home Capital Group has a 1-year low of C$12.67 and a 1-year high of C$20.75.
In related news, Director Melisa Ritchie acquired 6,000 shares of Home Capital Group stock in a transaction on Wednesday, May 30th. The stock was acquired at an average price of C$14.38 per share, for a total transaction of C$86,280.00. Also, Director Paul Haggis acquired 6,500 shares of Home Capital Group stock in a transaction on Monday, May 28th. The shares were bought at an average price of C$13.84 per share, with a total value of C$89,960.00.
Home Capital Group Company Profile
Home Capital Group Inc, through its subsidiary, Home Trust Company, provides deposit, mortgage lending, retail credit, and credit card issuing services in Canada. It offers various deposit products, such as savings accounts; and single-family residential and insured residential lending, as well as residential and non-residential commercial mortgage lending services.
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