Home Capital Group Inc (TSE:HCG) has been assigned an average rating of “Hold” from the seven brokerages that are covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is C$18.43.

HCG has been the topic of a number of recent analyst reports. CIBC lifted their target price on Home Capital Group from C$16.00 to C$18.00 in a research note on Thursday, November 8th. TD Securities cut Home Capital Group from a “buy” rating to a “hold” rating and set a C$19.00 target price on the stock. in a research note on Thursday, November 8th. Raymond James lifted their target price on Home Capital Group from C$16.00 to C$18.50 and gave the stock a “market perform” rating in a research note on Thursday, November 8th. BMO Capital Markets reiterated a “market perform” rating and set a C$17.00 target price on shares of Home Capital Group in a research note on Thursday, November 8th. Finally, Royal Bank of Canada lifted their target price on Home Capital Group from C$16.00 to C$20.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 8th.

Shares of TSE HCG traded up C$0.06 during mid-day trading on Friday, reaching C$16.56. 164,746 shares of the company’s stock were exchanged, compared to its average volume of 341,867. Home Capital Group has a 52 week low of C$12.48 and a 52 week high of C$18.63.

Home Capital Group (TSE:HCG) last released its earnings results on Wednesday, November 7th. The company reported C$0.41 EPS for the quarter, topping the Zacks’ consensus estimate of C$0.37 by C$0.04. The business had revenue of C$105.09 million for the quarter, compared to the consensus estimate of C$99.80 million. As a group, sell-side analysts forecast that Home Capital Group will post 2.09000000392365 EPS for the current fiscal year.

About Home Capital Group

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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Analyst Recommendations for Home Capital Group (TSE:HCG)

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