Home Consortium Ltd (HMC) Gets a Hold from Morgan Stanley
In a report released today, Simon Chan from Morgan Stanley maintained a Hold rating on Home Consortium Ltd (HMC – Research Report), with a price target of A$6.30. The company's shares opened today at A$5.19.
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According to TipRanks, Chan is an analyst with an average return of -1.9% and a 33.83% success rate. Chan covers the Real Estate sector, focusing on stocks such as Lendlease Group, Scentre Group, and Charter Hall Group.
In addition to Morgan Stanley, Home Consortium Ltd also received a Hold from Morgans's Fiona Buchanan in a report issued on April 14. However, on the same day, Jarden maintained a Buy rating on Home Consortium Ltd (ASX: HMC).
The company has a one-year high of A$13.16 and a one-year low of A$4.34. Currently, Home Consortium Ltd has an average volume of 1.75M.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HMC in relation to earlier this year.
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