Home Capital (HCG) Receives a Hold from Raymond James


Home Capital (HCG), the Financial sector company was revisited today, yet the Wall Street analyst remains currently on the sidelines. Raymond James’ analyst Brenna Phelan reiterates their Hold rating on the shares, with a C$18.50 price target.

Phelan has an average return of 10.6% when recommending Home Capital.

According to TipRanks.com, Phelan is ranked #566 out of 5205 analysts.

Currently, the analyst consensus on Home Capital is a Hold with an average price target of C$18.50, which is a 5.2% upside from current levels. 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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The company has a one-year high of C$17.92 and a one-year low of C$12.48. Currently, Home Capital has an average volume of 360.9K.

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 Monday at C$17.59, close to its 52-week high of C$17.92.

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