Could Equitable Group Inc. Rise Even More? The Stock Had Another Big Increase Today

 Could Equitable Group Inc. Rise Even More? The Stock Had Another Big Increase Today

The stock of Equitable Group Inc. (TSE:EQB) is a huge mover today! About 21,495 shares traded hands. Equitable Group Inc. (TSE:EQB) has risen 0.54% since April 13, 2016 and is uptrending. It has underperformed by 4.08% the S&P500.
The move comes after 9 months positive chart setup for the $877.14M company. It was reported on Nov, 17 by Barchart.com. We have $80.29 PT which if reached, will make TSE:EQB worth $394.71 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 $68.50 average target is 23.71% above today’s ($55.37) stock price. Equitable Group Inc. has been the topic of 11 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating by Scotia Capital given on Friday, August 14. The rating was upgraded by TD Securities on Monday, August 17 to “Buy”. Scotia Capital maintained Equitable Group Inc. (TSE:EQB) rating on Friday, November 11. Scotia Capital has “Sector Perform” rating and $68 price target.

Equitable Group Inc. is a financial services firm that operates through its subsidiary, Equitable Bank . The company has a market cap of $877.14 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 7.05 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.

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