Royal Bank Of Canada Increases Home Capital Group Inc (HCG) Price Target to C$16.00

Home Capital Group Inc (TSE:HCG) had its price objective boosted by Royal Bank Of Canada from C$15.00 to C$16.00 in a report released on Wednesday. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 6.03% from the company’s previous close.

Several other equities analysts have also weighed in on HCG. National Bank Financial cut their price objective on shares of Home Capital Group from C$17.50 to C$14.50 and set a “sector perform” rating on the stock in a research report on Tuesday, July 25th. Scotiabank cut their price objective on shares of Home Capital Group from C$18.00 to C$17.00 and set a “sector perform” rating on the stock in a research report on Friday, August 4th. Laurentian Bank of Canada raised their price objective on shares of Home Capital Group from C$17.00 to C$20.00 in a research report on Wednesday, September 13th. Laurentian increased their price target on Home Capital Group from C$17.00 to C$20.00 in a report on Wednesday, September 13th. Finally, CIBC set a C$17.00 price target on Home Capital Group and gave the company a “neutral” rating in a report on Monday, September 25th. Eight research analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and an average target price of C$17.67.

Home Capital Group (TSE HCG) opened at C$15.09 on Wednesday. Home Capital Group has a 52-week low of C$5.06 and a 52-week high of C$32.26.

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In related news, Director Alan Roy Hibben acquired 3,000 shares of the stock in a transaction dated Thursday, November 16th. The shares were acquired at an average price of C$15.25 per share, for a total transaction of C$45,750.00.

About Home Capital Group

Home Capital Group Inc is a Canada-based holding company that operates through its subsidiary, Home Trust Company (Home Trust), which offers deposits, residential and non-residential commercial mortgage lending and consumer lending. It offers deposits through brokers and financial planners, and through its direct-to-consumer deposit brand, Oaken Financial.

Analyst Recommendations for Home Capital Group (TSE:HCG)

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