Home Capital Group Inc. (OTCMKTS:HMCBF) Receives Average Recommendation of “Buy” from Analysts

Home Capital Group Inc. (OTCMKTS:HMCBFGet Rating) has received a consensus recommendation of “Buy” from the seven analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $50.17.

HMCBF has been the topic of several analyst reports. Royal Bank of Canada increased their target price on Home Capital Group from C$54.00 to C$56.00 in a research note on Friday, February 18th. Raymond James raised their price target on Home Capital Group from C$48.00 to C$52.00 in a research report on Friday, February 18th. Finally, National Bank Financial dropped their price target on Home Capital Group from C$62.00 to C$49.00 in a research report on Monday, January 24th.

OTCMKTS:HMCBF opened at $28.46 on Thursday. Home Capital Group has a 1-year low of $24.23 and a 1-year high of $36.17. The business’s 50-day moving average price is $29.76 and its two-hundred day moving average price is $31.22.

Home Capital Group Company Profile (Get Rating)

Home Capital Group Inc, through its subsidiary, Home Trust Company, provides residential and nonresidential mortgage lending, securitization of residential mortgage products, consumer lending, and credit card services in Canada. It offers deposits through brokers and financial planners under the Oaken Financial brand.

Further Reading

Analyst Recommendations for Home Capital Group (OTCMKTS:HMCBF)

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