Home Capital Group (TSE:HCG) had its price objective hoisted by equities researchers at National Bank Financial from C$15.50 to C$18.50 in a report released on Thursday, November 8th. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s price target would suggest a potential upside of 5.05% from the company’s previous close. National Bank Financial also issued estimates for Home Capital Group’s Q4 2018 earnings at $0.45 EPS, FY2018 earnings at $1.66 EPS and FY2020 earnings at $2.47 EPS.
HCG has been the subject of a number of other reports. Raymond James decreased their target price on Home Capital Group from C$16.50 to C$16.00 and set a “market perform” rating for the company in a report on Wednesday, August 15th. CIBC decreased their target price on Home Capital Group from C$17.00 to C$16.00 in a report on Wednesday, August 15th. BMO Capital Markets reiterated a “market perform” rating and issued a C$17.00 target price on shares of Home Capital Group in a report on Thursday, November 8th. Finally, TD Securities lowered Home Capital Group from a “buy” rating to a “hold” rating and set a C$19.00 target price for the company. in a report on Thursday, November 8th. Six investment analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average price target of C$18.43.
Shares of TSE HCG traded up C$0.13 during midday trading on Thursday, hitting C$17.61. The stock had a trading volume of 204,800 shares, compared to its average volume of 270,606. Home Capital Group has a 1 year low of C$12.48 and a 1 year high of C$18.63.
In other Home Capital Group news, Director Claude Lamoureux purchased 5,000 shares of the firm’s stock in a transaction on Tuesday, September 4th. The stock was bought at an average cost of C$14.66 per share, with a total value of C$73,300.00.
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.
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