A Wall Street analyst has provided a rating update for the Financial sector company today, while remaining neutral on the stock. Home Capital (HCG) received a Hold rating from National Bank’s analyst Jaeme Gloyn, with a C$18.50 price target.
Gloyn has an average return of 48.5% when recommending Home Capital.
According to TipRanks.com, Gloyn is ranked #2673 out of 4918 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Home Capital with a C$18.29 average price target, representing a 5.8% upside. In a report released today, TD Securities also downgraded the stock to Hold with a C$19 price target.
Home Capital’s market cap is currently C$1.4B and has a P/E ratio of 10.9. The company has a Price to Book ratio of 0.75.
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 Thursday at C$17.29.