Home Capital Group (TSE:HCG) had its price target decreased by National Bank Financial from C$37.00 to C$18.00 in a report published on Tuesday, BayStreet.CA reports. National Bank Financial currently has a sector perform rating on the stock.
Other equities research analysts also recently issued reports about the company. Raymond James set a C$37.00 price target on Home Capital Group and gave the company a market perform rating in a research report on Thursday, November 28th. Royal Bank of Canada downgraded Home Capital Group from an outperform rating to an underperform rating and decreased their target price for the stock from C$38.00 to C$18.00 in a research report on Thursday, March 19th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. Home Capital Group presently has an average rating of Hold and a consensus target price of C$25.29.
Shares of TSE:HCG opened at C$17.97 on Tuesday. The company has a market cap of $768.39 million and a P/E ratio of 7.85. The stock’s 50-day moving average is C$26.69 and its 200-day moving average is C$29.42. Home Capital Group has a 52-week low of C$13.67 and a 52-week high of C$35.49.
Home Capital Group (TSE:HCG) last issued its quarterly earnings results on Friday, February 21st. The company reported C$0.72 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.75 by C($0.03). The firm had revenue of C$123.79 million during the quarter, compared to the consensus estimate of C$120.20 million. Research analysts predict that Home Capital Group will post 3.6199997 EPS for the current fiscal year.
About Home Capital Group
Home Capital Group Inc, through its subsidiary, Home Trust Company, provides deposit, mortgage lending, retail credit, and credit card issuing services in Canada. It offers various deposit products, such as savings accounts; and single-family residential and insured residential lending, as well as residential and non-residential commercial mortgage lending services.
Recommended Story: How liquidity affects the bid-ask spread
Receive News & Ratings for Home Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.