Home Capital Group Price Target Raised to $69.00 at Scotiabank (HCG) - InvestingChannel

Home Capital Group Price Target Raised to $69.00 at Scotiabank (HCG)

Equities researchers at Scotiabank lifted their target price on shares of Home Capital Group (TSE: HCG)

Home Capital Group opened at 57.08 on Friday. Home Capital Group has a 1-year low of $42.00 and a 1-year high of $61.50. The stock?s 50-day moving average is currently $60.23. The company has a market cap of $1.977 billion and a price-to-earnings ratio of 9.35.

A number of other analysts have also recently weighed in on HCG. Analysts at National Bank raised their price target on shares of Home Capital Group from $62.00 to $72.00 in a research note to investors on Thursday. Separately, analysts at RBC Capital cut their price target on shares of Home Capital Group from $67.00 to $66.00 in a research note to investors on Thursday. They now have a ?sector perform? rating on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Home Capital Group from $58.50 to $64.00 in a research note to investors on Wednesday, January 9th.

The company also recently announced a quarterly dividend, which is scheduled for Friday, March 1st. Shareholders of record on Monday, February 25th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.82%.

Home Capital Group Inc. (Home Capital) is a holding company. The Company operates primarily through its federally regulated subsidiary, Home Trust Company (Home Trust).