National Bank Financial Increases Equitable Group Inc. (EQB) Price Target to C$68.00
Equitable Group Inc. (TSE:EQB) had its target price upped by analysts at National Bank Financial from C$65.00 to C$68.00 in a research report issued to clients and investors on Friday. The brokerage presently has a “sector perform” rating on the stock. National Bank Financial’s price target points to a potential upside of 9.20% from the stock’s current price. National Bank Financial also issued estimates for Equitable Group’s Q4 2017 earnings at $2.19 EPS, FY2017 earnings at $9.12 EPS and FY2018 earnings at $8.95 EPS.
A number of other research analysts also recently issued reports on EQB. TD Securities dropped their price target on Equitable Group from C$71.00 to C$68.00 in a research note on Monday, August 14th. CIBC set a C$75.00 price target on Equitable Group and gave the stock an “outperform” rating in a research note on Monday, September 25th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of C$68.00.
Equitable Group (TSE:EQB) traded down C$0.81 during trading hours on Friday, reaching C$62.27. The company had a trading volume of 108,633 shares, compared to its average volume of 58,490. Equitable Group has a 12-month low of C$36.15 and a 12-month high of C$74.66.
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In other Equitable Group news, insider Andrew Moor sold 1,600 shares of Equitable Group stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of C$55.59, for a total value of C$88,944.00. Also, insider Timothy James Wilson sold 1,000 shares of Equitable Group stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of C$56.02, for a total value of C$56,020.00. Insiders have sold a total of 10,420 shares of company stock worth $574,188 in the last 90 days.
Equitable Group Company Profile
Equitable Group Inc is a financial services business that operates through its wholly owned subsidiary, Equitable Bank (the Bank). Equitable Bank serves retail and commercial customers across Canada with a range of savings solutions and mortgage lending products, offered under the Equitable Bank and EQ Bank brands.
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