Home Capital Group Inc (HCG) Price Target Raised to C$16.00
Home Capital Group Inc (TSE:HCG) had its price target raised by Royal Bank Of Canada from C$15.00 to C$16.00 in a report issued on Wednesday. The brokerage currently has a sector perform rating on the stock.
A number of other equities analysts have also recently issued reports on the stock. National Bank Financial lowered their price objective on shares of Home Capital Group from C$17.50 to C$14.50 and set a sector perform rating for the company in a research report on Tuesday, July 25th. Laurentian Bank of Canada upped their price objective on shares of Home Capital Group from C$17.00 to C$20.00 in a research report on Wednesday, September 13th. Scotiabank lowered their price objective on shares of Home Capital Group from C$18.00 to C$17.00 and set a sector perform rating for the company in a research report on Friday, August 4th. CIBC set a C$17.00 price objective on shares of Home Capital Group and gave the stock a neutral rating in a research report on Monday, September 25th. Finally, Laurentian upped their price objective on shares of Home Capital Group from C$17.00 to C$20.00 in a research report on Wednesday, September 13th. Eight analysts have rated the stock with a hold rating, The stock presently has an average rating of Hold and an average target price of C$17.67.
Shares of Home Capital Group (TSE:HCG) opened at C$15.67 on Wednesday. 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 purchased 4,000 shares of the firm’s stock in a transaction on Friday, September 22nd. The stock was purchased at an average cost of C$13.93 per share, for a total transaction of C$55,720.00.
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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