What’s Ahead for Equitable Group Inc. After Today’s Huge Increase?

 What's Ahead for Equitable Group Inc. After Today's Huge Increase?

The stock of Equitable Group Inc. (TSE:EQB) is a huge mover today! About 17,406 shares traded hands. Equitable Group Inc. (TSE:EQB) has declined 0.10% since April 1, 2016 and is downtrending. It has underperformed by 2.06% the S&P500.
The move comes after 8 months positive chart setup for the $801.18M company. It was reported on Nov, 7 by Barchart.com. We have $75.92 PT which if reached, will make TSE:EQB worth $368.54 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 32.21% above today’s ($52) stock price. Equitable Group Inc. has been the topic of 10 analyst reports since July 28, 2015 according to StockzIntelligence Inc. As per Friday, August 14, the company rating was maintained by Scotia Capital. TD Securities upgraded the shares of EQB in a report on Monday, August 17 to “Buy” rating.

Another recent and important Equitable Group Inc. (TSE:EQB) news was published by Valuewalk.com which published an article titled: “Marc Cohodes is short Equitable Group, Canadian housing and Home Capital Group” on October 06, 2016.

Equitable Group Inc. is a financial services firm that operates through its subsidiary, Equitable Bank . The company has a market cap of $801.18 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 6.82 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