The stock of Home Capital Group Inc (TSE:HCG) is a huge mover today! About 22,127 shares traded hands. Home Capital Group Inc (TSE:HCG) has declined 28.00% since April 18, 2016 and is downtrending. It has underperformed by 32.56% the S&P500.
The move comes after 5 months positive chart setup for the $1.76 billion company. It was reported on Nov, 22 by Barchart.com. We have $28.52 PT which if reached, will make TSE:HCG worth $70.40M more.
Home Capital Group Inc (TSE:HCG) Ratings Coverage
Out of 4 analysts covering Home Capital Group Inc. (TSE:HCG), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. $42 is the highest target while $27 is the lowest. The $32.67 average target is 19.15% above today’s ($27.42) stock price. Home Capital Group Inc. has been the topic of 21 analyst reports since July 28, 2015 according to StockzIntelligence Inc. As per Thursday, November 3, the company rating was maintained by RBC Capital Markets. The stock of Home Capital Group Inc (TSE:HCG) earned “Underperform” rating by RBC Capital Markets on Thursday, November 5. Raymond James maintained Home Capital Group Inc (TSE:HCG) rating on Friday, October 28. Raymond James has “Outperform” rating and $35 price target. The rating was maintained by Scotia Capital with “Sector Perform” on Thursday, November 3. The company was maintained on Tuesday, December 8 by RBC Capital Markets. The rating was maintained by Scotia Capital on Friday, July 31 with “Sector Outperform”. The rating was upgraded by TD Securities on Friday, January 22 to “Buy”.
More important recent Home Capital Group Inc (TSE:HCG) news were published by: Seekingalpha.com which released: “Home Capital Group: Time To ‘Re-Charge’ Your Loan Loss Provisions” on August 23, 2016, also Seekingalpha.com published article titled: “A Family Affair At Home Capital Group: Did Re-Charge Just Open Pandora’s Box?”, Nasdaq.com published: “Home Capital Group Named Top 25 Dividend Stock With 3.87% Yield (HCG)” on November 15, 2016. More interesting news about Home Capital Group Inc (TSE:HCG) was released by: Seekingalpha.com and their article: “Home Capital Group: Business Model Confuses Market” with publication date: August 05, 2016.
Home Capital Group Inc. is a Canada holding company, which operates primarily through its subsidiary, Home Trust Company . The company has a market cap of $1.76 billion. The Company, through its subsidiary, offers residential and non-residential mortgage lending, securitization of insured residential first mortgage products, consumer lending and credit card products. It has a 6.99 P/E ratio. Home Trust also offers deposits through brokers and financial planners, and through its direct to consumer deposit brand, Oaken Financial.
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