Equitable Group (TSE:EQB) had its price target increased by TD Securities from C$88.00 to C$98.00 in a report published on Thursday, August 1st, Stock Target Advisor reports. The firm currently has a hold rating on the stock.
Several other research analysts also recently weighed in on EQB. BMO Capital Markets increased their price target on shares of Equitable Group from C$90.00 to C$105.00 in a research report on Thursday, August 1st. Royal Bank of Canada raised their target price on shares of Equitable Group from C$96.00 to C$106.00 and gave the company an outperform rating in a research note on Wednesday, July 31st. National Bank Financial raised their target price on shares of Equitable Group from C$88.00 to C$90.00 and gave the company a sector perform rating in a research note on Wednesday, July 31st. Finally, CIBC lifted their price objective on shares of Equitable Group from C$94.00 to C$97.00 in a research note on Tuesday, July 30th.
Shares of Equitable Group stock traded down C$1.78 during mid-day trading on Thursday, hitting C$95.28. 23,000 shares of the stock were exchanged, compared to its average volume of 31,140. Equitable Group has a 12 month low of C$56.12 and a 12 month high of C$98.04. The company has a 50-day simple moving average of C$84.80 and a 200 day simple moving average of C$73.36. The company has a market capitalization of $1.59 billion and a P/E ratio of 8.90.
Equitable Group Company Profile
Equitable Group Inc, through its subsidiary, Equitable Bank, provides various financial services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates (GICs), high interest savings accounts (HISAs), tax-free savings accounts, and institutional deposit notes.
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