Home Capital Group Inc (TSE:HCG) – National Bank Financial increased their Q4 2019 earnings estimates for shares of Home Capital Group in a report released on Wednesday, November 13th. National Bank Financial analyst J. Gloyn now expects that the company will post earnings of $0.75 per share for the quarter, up from their previous estimate of $0.62. National Bank Financial currently has a “Sector Perform” rating and a $35.00 price target on the stock.
A number of other equities analysts also recently issued reports on HCG. TD Securities increased their target price on Home Capital Group from C$28.00 to C$35.00 and gave the stock a “hold” rating in a research note on Thursday. CIBC raised their price objective on Home Capital Group from C$23.00 to C$25.00 in a research note on Thursday, August 8th. BMO Capital Markets raised their price objective on Home Capital Group from C$23.00 to C$25.00 in a research note on Thursday, August 8th. Raymond James reaffirmed a “market perform” rating and issued a C$34.00 price objective on shares of Home Capital Group in a research note on Thursday. Finally, Royal Bank of Canada raised their price objective on Home Capital Group from C$31.00 to C$37.00 and gave the company an “outperform” rating in a research note on Thursday. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Home Capital Group presently has a consensus rating of “Hold” and a consensus price target of C$31.83.
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.
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