Raymond James Boosts Home Capital Group (HCG) Price Target to C$18.50
Several other equities research analysts also recently issued reports on HCG. National Bank Financial increased their price target on Home Capital Group from C$16.00 to C$16.50 and gave the stock a c$15.56 rating in a report on Monday, July 23rd. CIBC lowered their price target on Home Capital Group from C$17.00 to C$16.00 in a report on Wednesday, August 15th. BMO Capital Markets restated a market perform rating and issued a C$17.00 price target on shares of Home Capital Group in a report on Thursday. TD Securities downgraded Home Capital Group from a buy rating to a hold rating and set a C$19.00 price target for the company. in a report on Thursday. Finally, Royal Bank of Canada increased their price target on Home Capital Group from C$16.00 to C$20.00 and gave the stock a sector perform rating in a report on Thursday. Six investment analysts have rated the stock with a hold rating, The stock currently has an average rating of Hold and a consensus price target of C$18.43.
Shares of Home Capital Group stock opened at C$17.48 on Thursday. Home Capital Group has a 1 year low of C$12.48 and a 1 year high of C$18.63.
In other news, Director Claude Lamoureux acquired 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 4th. The stock was acquired at an average cost of C$14.66 per share, for a total transaction of C$73,300.00. Also, insider Bradley William Kotush acquired 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 21st. The shares were purchased at an average price of C$14.66 per share, with a total value of C$146,600.00. Over the last quarter, insiders have purchased 27,200 shares of company stock valued at $396,456.
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.
Further Reading: Return on Equity (ROE)
Receive News & Ratings for Home Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.