Home Capital Group (HCG) Given Average Rating of “Hold” by Analysts

Shares of Home Capital Group (TSE:HCG) have earned an average recommendation of “Hold” from the ten ratings firms that are presently covering the company, Marketbeat reports. Seven research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is C$18.20.

Several research analysts have recently commented on the company. Scotiabank boosted their target price on Home Capital Group from C$17.00 to C$18.00 and gave the stock a “sector perform” rating in a report on Friday, February 16th. Raymond James boosted their target price on Home Capital Group from C$17.50 to C$19.00 and gave the stock a “market perform” rating in a report on Friday, February 16th. National Bank Financial boosted their target price on Home Capital Group from C$15.50 to C$18.00 and gave the stock a “sector perform” rating in a report on Thursday, February 1st. Royal Bank of Canada boosted their target price on Home Capital Group from C$19.00 to C$20.00 and gave the stock a “sector perform” rating in a report on Thursday, February 15th. Finally, TD Securities reduced their target price on Home Capital Group from C$21.00 to C$20.00 and set a “buy” rating on the stock in a report on Wednesday, May 9th.

Shares of Home Capital Group opened at C$13.90 on Thursday, according to Marketbeat. Home Capital Group has a one year low of C$8.75 and a one year high of C$20.75.

In other news, insider Bradley William Kotush acquired 3,000 shares of Home Capital Group stock in a transaction on Monday, March 5th. The shares were purchased at an average price of C$14.86 per share, with a total value of C$44,580.00. Also, Director James Lisson acquired 7,500 shares of Home Capital Group stock in a transaction on Monday, March 5th. The shares were purchased at an average cost of C$15.21 per share, for a total transaction of C$114,075.00.

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.

Analyst Recommendations for Home Capital Group (TSE:HCG)

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