Raymond James Raises Home Capital Group (HCG) Price Target to C$19.50
Home Capital Group (TSE:HCG) had its target price lifted by Raymond James from C$18.50 to C$19.50 in a research report report published on Monday, BayStreet.CA reports. The firm currently has a market perform rating on the stock.
HCG has been the subject of several other research reports. CIBC increased their price objective on shares of Home Capital Group from C$18.00 to C$19.00 in a research report on Monday, February 25th. TD Securities lowered their price objective on shares of Home Capital Group from C$19.00 to C$18.00 in a research report on Tuesday, February 5th. M Partners reiterated a buy rating on shares of Home Capital Group in a research report on Monday, May 6th. National Bank Financial increased their price objective on shares of Home Capital Group from C$18.50 to C$20.00 and gave the company a sector perform rating in a research report on Tuesday, April 30th. Finally, BMO Capital Markets reiterated a market perform rating and set a C$18.00 price objective on shares of Home Capital Group in a research report on Monday, February 25th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of C$19.08.
Shares of TSE:HCG opened at C$18.45 on Monday. Home Capital Group has a fifty-two week low of C$12.48 and a fifty-two week high of C$19.31. The firm has a market cap of $1.09 billion and a P/E ratio of 11.13.
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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