The Financial sector company, Home Capital (HCG), has received a rating update from a Wall Street analyst today. The company received a Hold rating from Raymond James’ analyst Brenna Phelan, with a C$18.50 price target.
According to TipRanks.com, Phelan is ranked #889 out of 4918 analysts.
Currently, the analyst consensus on Home Capital is a Hold with an average price target of C$18.29, implying a 5.6% upside from current levels. In a report released today, TD Securities also downgraded the stock to Hold with a C$19 price target.
The company has a one-year high of C$18.63 and a one-year low of C$12.48. Currently, Home Capital has an average volume of 278.8K.
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$17.32.