Analyst Downgrades – Home Capital Group (TSE:HCG) Stock Gets Downgraded By Scotiabank from Sector Perform to Underperform

ME Staff
-
0

Analyst Ratings For Home Capital Group (TSE:HCG)

Today, Home Capital Group (TSE:HCG) stock was downgraded by Scotiabank from Sector Perform to Underperform with a price target of C$21.00.

There are 3 sell ratings, 2 hold ratings, 1 buy rating on the stock.

The current consensus rating on Home Capital Group (TSE:HCG) is Hold (Score: 1.67) with a consensus target price of C$23.60 per share, a potential .

Some recent analyst ratings include

  • 4/24/2017-Scotiabank was Downgraded by analysts at Scotiabank from a “Sector Perform ” rating to a ” Underperform” rating. They now have a C$21.00 price target on the stock, up previously from C$28.00 .
  • 4/20/2017-Raymond James Financial, Inc. was Downgraded by analysts at Raymond James Financial, Inc. from a “Outperform ” rating to a ” Market Perform” rating. They now have a C$23.00 price target on the stock, up previously from C$34.00 .
  • 2/9/2017-Royal Bank of Canada Reiterated Rating of Underperform.
  • 7/18/2016-Cormark Upgrade from a “Market Perform ” rating to a ” Buy” rating.


    About Home Capital Group (TSE:HCG)
    Home Capital Group Inc is a Canada-based holding company that operates through its subsidiary, Home Trust Company (Home Trust), which offers deposits, residential and non-residential commercial mortgage lending and consumer lending. It offers deposits through brokers and financial planners, and through its direct-to-consumer deposit brand, Oaken Financial. Home Trust, through its subsidiary, Home Bank, offers mortgage, deposit and personal banking products. Its mortgage lending includes Traditional Single-family and ACE Plus Lending; insured residential lending; residential commercial lending, and non-residential commercial lending. Its consumer lending includes credit card and line of credit lending, and other consumer retail lending. In addition it manages a treasury portfolio to support liquidity requirements and invest excess capital. Its operations also include Payment Services Interactive Gateway Inc., the Company’s subsidiary involved in payment processing.

    Recent Trading Activity for Home Capital Group (TSE:HCG)
    Shares of Home Capital Group closed the previous trading session at 17.50 down -1.75 -9.09% with 2,558,925 shares trading hands.