Home Capital (HCG) Gets a Hold Rating from CIBC


Shares of Home Capital (HCG) were revisited by a Wall Street analyst yesterday. CIBC’s analyst Marco Giurleo reiterates their Hold rating on the shares, with a C$19 price target.

According to TipRanks.com, Giurleo is ranked #2411 out of 5205 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Home Capital with a C$18.50 average price target, representing an 8.9% upside. In a report issued on February 22, BMO Capital also reiterated a Hold rating on the stock with a C$18 price target.

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Home Capital’s market cap is currently C$1.36B and has a P/E ratio of 10. The company has a Price to Book ratio of 0.71.

Home Capital Group, Inc. operates as an investment holding company which engages in the provision of financial services. It operates through its subsidiary Home Trust Co. and offers deposits, residential and non-residential mortgage lending and securitization of insured residential first mortgage products, consumer lending and deposit-taking services.

The company’s shares closed on Friday at C$16.99.

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