Equitable Group Inc. (EQB) PT Set at C$71.00 by TD Securities
Equitable Group Inc. (TSE:EQB) received a C$71.00 price target from stock analysts at TD Securities in a report issued on Monday. The brokerage currently has a a “buy” rating on the stock. TD Securities’ price objective points to a potential upside of 32.31% from the stock’s current price.
A number of other analysts also recently weighed in on the stock. Cormark upgraded shares of Equitable Group from a “market perform” rating to a “buy” rating in a report on Tuesday, October 18th. National Bank Financial upped their price target on shares of Equitable Group from C$70.00 to C$74.00 and gave the company an “outperform” rating in a report on Monday, August 15th. Royal Bank Of Canada cut their price target on shares of Equitable Group from C$66.00 to C$61.00 and set a “sector perform” rating on the stock in a report on Thursday, October 6th. RBC Capital Markets cut their price target on shares of Equitable Group from C$66.00 to C$61.00 and set a “sector perform” rating on the stock in a report on Thursday, October 6th. Finally, Scotiabank reiterated a “sector perform” rating and set a C$68.00 price target on shares of Equitable Group in a report on Friday, November 11th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of C$67.00.
Equitable Group (TSE:EQB) opened at 53.73 on Monday. The firm’s 50 day moving average is $53.97 and its 200-day moving average is $57.07. Equitable Group has a 52 week low of $44.73 and a 52 week high of $63.05. The company has a market cap of $836.36 million and a P/E ratio of 7.05.
About Equitable Group
Equitable Group Inc is a financial services company that operates through its subsidiary, Equitable Bank (the Bank). The Bank provides mortgage loans to a range of customers that include business-for-self borrowers, newcomers to Canada and commercial real estate investors. It also provides savers with various saving options that offer security and competitive interest rates, including guaranteed investment certificates (GICs), high interest savings accounts (HISAs) and deposit notes.
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