SEB Equities upgraded shares of EQT AB (publ) (OTCMKTS:EQBBF) from a hold rating to a buy rating in a research note issued to investors on Tuesday, The Fly reports.
EQBBF has been the subject of a number of other research reports. JPMorgan Chase & Co. restated a neutral rating on shares of EQT AB (publ) in a research report on Friday, October 22nd. Morgan Stanley restated an overweight rating on shares of EQT AB (publ) in a research report on Monday, November 29th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of Hold and an average target price of $40.43.
EQBBF stock opened at $47.13 on Tuesday. The business’s 50-day moving average is $57.70 and its two-hundred day moving average is $48.89. EQT AB has a fifty-two week low of $28.00 and a fifty-two week high of $60.77.
EQT AB (publ) is a private equity firm specializing in buyout investments. The firm focuses on Private Capital & Real Asset segments. It seeks to focus on investment opportunities in Australia and New Zealand. It seeks to take a majority stake. EQT AB (publ) was founded in 2012 and is based in Stockholm, Sweden and additional office in Sydney, Australia.
Further Reading: Straddles
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