In a new note to investors today, an analyst has provided a rating update for Street Capital (SCB). Analyst Jaeme Gloyn from National Bank reiterated a Hold rating, with a C$0.50 price target.
According to TipRanks.com, Gloyn is a 3-star analyst with an average return of 6.4% and a 66.7% success rate. Gloyn covers the Financial sector, focusing on stocks such as Fairfax Financial Holdings, Alaris Royalty Corp, and Element Financial.
Currently, the analyst consensus on Street Capital is a Hold with an average price target of C$0.60, an 11.1% upside from current levels. In a report released today, Raymond James also maintained a Hold rating on the stock with a C$0.70 price target.
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Street Capital’s market cap is currently C$72.09M and has a P/E ratio of 30. The company has a Price to Book ratio of 0.52.
Street Capital Group, Inc. engages in the provision of financial services. The firm, through its subsidiary, offers a range of deposit and residential mortgage, consumer lending, and related services. The company was founded by Allan C. Silber on August 2, 1979 and is headquartered in Toronto, Canada.
The company’s shares closed on Thursday at C$0.54, close to its 52-week low of C$0.46.
