Equities research analysts at JPMorgan Chase & Co. initiated coverage on shares of Home Point Capital (NASDAQ:HMPT) in a research report issued to clients and investors on Tuesday, Briefing.com reports. The brokerage set an “overweight” rating and a $16.00 price target on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 38.65% from the company’s previous close.
HMPT has been the topic of several other reports. Wedbush began coverage on shares of Home Point Capital in a report on Tuesday. They issued an “outperform” rating and a $18.00 target price on the stock. Morgan Stanley started coverage on Home Point Capital in a research note on Tuesday. They set an “equal weight” rating and a $12.00 target price for the company. JMP Securities began coverage on Home Point Capital in a report on Tuesday. They set an “outperform” rating and a $16.00 price target for the company. The Goldman Sachs Group began coverage on Home Point Capital in a research note on Tuesday. They issued a “neutral” rating and a $13.00 price objective on the stock. Finally, Piper Sandler started coverage on shares of Home Point Capital in a report on Tuesday. They issued an “overweight” rating and a $18.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Home Point Capital currently has an average rating of “Buy” and an average price target of $16.00.
NASDAQ:HMPT opened at $11.54 on Tuesday. Home Point Capital has a fifty-two week low of $9.05 and a fifty-two week high of $13.15.
Home Point Capital Company Profile
Home Point Capital Inc operates as a residential mortgage originator and service provider. The company was founded in 2015 and headquartered in Ann Arbor, Michigan.
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