It Seems Equitable Group Inc. Will Go Up. Have Another Big Increase

 It Seems Equitable Group Inc. Will Go Up. Have Another Big Increase

The stock of Equitable Group Inc. (TSE:EQB) is a huge mover today! About 29,600 shares traded hands. Equitable Group Inc. (TSE:EQB) has declined 0.60% since March 11, 2016 and is downtrending. It has underperformed by 6.08% the S&P500.
The move comes after 5 months positive chart setup for the $857.77 million company. It was reported on Oct, 18 by Barchart.com. We have $68.20 PT which if reached, will make TSE:EQB worth $205.86 million more.

Equitable Group Inc. (TSE:EQB) Ratings Coverage

Out of 4 analysts covering Equitable Group Inc. (TSE:EQB), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. $72 is the highest target while $63 is the lowest. The $68.75 average target is 25.00% above today’s ($55) stock price. Equitable Group Inc. has been the topic of 10 analyst reports since July 28, 2015 according to StockzIntelligence Inc. On Friday, August 14 the stock rating was maintained by Scotia Capital with “Sector Perform”. On Monday, August 17 the stock rating was upgraded by TD Securities to “Buy”.

More news for Equitable Group Inc. (TSE:EQB) were recently published by: Valuewalk.com, which released: “Marc Cohodes is short Equitable Group, Canadian housing and Home Capital Group” on October 06, 2016. Finance.Yahoo.com‘s article titled: “Equitable Group to report third quarter 2016 results” and published on February 27, 2016 is yet another important article.

Equitable Group Inc. is a financial services firm that operates through its subsidiary, Equitable Bank . The company has a market cap of $857.77 million. The Bank provides mortgage loans to a range of clients that include business-for-self borrowers, newcomers to Canada and commercial real estate investors. It has a 7.21 P/E ratio. 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment