Royal Bank Of Canada reiterated their underperform rating on shares of Home Capital Group Inc (TSE:HCG) in a report published on Thursday, StockTargetPrices.com reports. Royal Bank Of Canada currently has a C$28.00 price target on the stock.
HCG has been the topic of a number of other research reports. TD Securities dropped their price target on shares of Home Capital Group from C$37.00 to C$33.00 and set a buy rating on the stock in a research report on Thursday, November 3rd. Raymond James Financial, Inc. restated an outperform rating and issued a C$35.00 price target on shares of Home Capital Group in a research report on Friday, October 28th. RBC Capital Markets dropped their price target on shares of Home Capital Group from C$28.00 to C$27.00 and set a sector perform rating on the stock in a research report on Friday, October 21st. Finally, Scotiabank reiterated a sector perform rating and issued a C$32.00 price objective on shares of Home Capital Group in a research note on Thursday, November 3rd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of Hold and an average price target of C$30.50.
Shares of Home Capital Group (TSE:HCG) opened at 27.94 on Thursday. The firm has a market cap of $1.80 billion and a price-to-earnings ratio of 7.53. The firm has a 50 day moving average of $30.25 and a 200 day moving average of $28.48. Home Capital Group has a 52 week low of $23.41 and a 52 week high of $39.84.
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The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 1st. Shareholders of record on Wednesday, March 1st will be paid a dividend of $0.26 per share. The ex-dividend date is Wednesday, February 15th. This represents a $1.04 dividend on an annualized basis and a yield of 3.72%.
About Home Capital Group
Home Capital Group Inc is a Canada-based holding company, which operates primarily through its subsidiary, Home Trust Company (Home Trust). 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.
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