National Bank Downgrades Street Capital (SCB) to Hold


In a latest note to investors, a research analyst has provided a rating update for the Street Capital (SCB). National Bank’s analyst Jaeme Gloyn expressed some doubt today about the stock, as it was downgraded to Hold , with a C$0.68 price target.

According to TipRanks.com, Gloyn is ranked #2202 out of 5201 analysts.

Street Capital has an analyst consensus of Hold, with a price target consensus of C$0.68, a 3.0% upside from current levels. In a report released today, Raymond James also maintained a Hold rating on the stock with a C$0.68 price target.

.

The company has a one-year high of C$0.94 and a one-year low of C$0.45. Currently, Street Capital has an average volume of 22.93K.

Street Capital Group, Inc. through its subsidiary Street Capital Bank of Canada, engages in the provision of deposit and residential mortgage solutions. Its services include 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 Tuesday at C$0.66.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts