Time to rebuild - Low valuation signal with Home Capital Group
HCG is one of the top 10 Purple Chips on the TSX because of its history of smooth and
predictable earnings.
Market Capitalization of $USD 2 billion and a dividend of 2%.
HCG has a history of raising its dividend and has a low PE ratio of 7.5X
LOW VALUATION IN HOME CAPITAL GROUP AT $43.00 (HCG-T, $ 42.87)
The Purple Chips model has a high valuation target around $54.00. ScotiaMcLeod has a one year target of $58.00.