Home Capital Group (TSE:HCG) had its price objective trimmed by National Bank Financial from C$16.50 to C$15.50 in a research report released on Tuesday morning. The firm currently has a sector perform rating on the stock.
Other research analysts also recently issued research reports about the stock. Raymond James reduced their price target on shares of Home Capital Group from C$16.50 to C$16.00 and set a market perform rating for the company in a research report on Wednesday, August 15th. CIBC reduced their price target on shares of Home Capital Group from C$17.00 to C$16.00 in a research report on Wednesday, August 15th. 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 an average rating of Hold and a consensus price target of C$17.29.
Shares of Home Capital Group stock opened at C$12.63 on Tuesday. Home Capital Group has a fifty-two week low of C$12.58 and a fifty-two week high of C$18.63.
In related news, Director Alan Roy Hibben purchased 2,200 shares of Home Capital Group stock in a transaction that occurred on Thursday, August 16th. The stock was purchased at an average price of C$13.98 per share, for a total transaction of C$30,756.00. Also, Director Claude Lamoureux acquired 5,000 shares of the business’s stock in a transaction on Tuesday, September 4th. The stock was acquired at an average price of C$14.66 per share, with a total value of C$73,300.00. In the last 90 days, insiders have purchased 27,200 shares of company stock valued at $396,456.
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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