Home Capital Group (TSE:HCG) Earns Market Perform Rating from Raymond James

Raymond James restated their market perform rating on shares of Home Capital Group (TSE:HCG) in a research note released on Thursday, BayStreet.CA reports. The brokerage currently has a C$34.00 target price on the stock. Raymond James also issued estimates for Home Capital Group’s Q1 2021 earnings at $0.86 EPS, Q2 2021 earnings at $0.92 EPS and Q3 2021 earnings at $0.97 EPS.

HCG has been the subject of several other reports. BMO Capital Markets increased their price target on shares of Home Capital Group from C$23.00 to C$25.00 in a report on Thursday, August 8th. Royal Bank of Canada raised shares of Home Capital Group from a sector perform rating to an outperform rating and increased their price target for the stock from C$25.00 to C$30.00 in a report on Thursday, August 8th. National Bank Financial increased their price target on shares of Home Capital Group from C$25.00 to C$29.00 and gave the stock a sector perform rating in a report on Tuesday, October 29th. TD Securities increased their price target on shares of Home Capital Group from C$28.00 to C$35.00 and gave the stock a hold rating in a report on Thursday. Finally, CIBC upped their target price on shares of Home Capital Group from C$23.00 to C$25.00 in a research report on Thursday, August 8th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of C$31.83.

TSE HCG traded up C$0.30 during trading hours on Thursday, hitting C$35.20. 643,200 shares of the stock were exchanged, compared to its average volume of 322,668. The company has a market cap of $2.00 billion and a price-to-earnings ratio of 17.00. Home Capital Group has a 12-month low of C$13.34 and a 12-month high of C$35.49. The stock has a 50-day moving average of C$27.10 and a 200 day moving average of C$22.85.

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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Analyst Recommendations for Home Capital Group (TSE:HCG)

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