EQB (TSE:EQB - Get Free Report) had its target price lowered by stock analysts at Desjardins from C$130.00 to C$126.00 in a report released on Thursday,BayStreet.CA reports. The firm presently has a "buy" rating on the stock. Desjardins' price target indicates a potential upside of 25.35% from the stock's previous close. Desjardins also issued estimates for EQB's Q2 2025 earnings at $2.58 EPS, Q3 2025 earnings at $3.10 EPS, Q3 2025 earnings at $3.10 EPS, Q4 2025 earnings at $3.04 EPS, Q4 2025 earnings at $3.04 EPS, FY2025 earnings at $11.70 EPS, FY2025 earnings at $11.70 EPS, FY2026 earnings at $13.55 EPS and FY2026 earnings at $13.55 EPS.
A number of other brokerages also recently issued reports on EQB. CIBC raised their price objective on EQB from C$113.00 to C$130.00 in a research report on Tuesday, November 26th. National Bankshares raised their price objective on EQB from C$109.00 to C$117.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 26th. Jefferies Financial Group set a C$129.00 price objective on EQB and gave the stock a "buy" rating in a research report on Thursday, January 30th. Scotiabank cut their price objective on EQB from C$130.00 to C$119.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. Finally, Raymond James raised their price objective on EQB from C$112.00 to C$121.00 and gave the stock an "outperform" rating in a research report on Friday, January 10th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, EQB currently has a consensus rating of "Moderate Buy" and an average target price of C$122.80.
View Our Latest Stock Report on EQB
EQB Stock Performance
Shares of TSE EQB traded down C$0.58 during trading on Thursday, hitting C$100.52. 84,201 shares of the company were exchanged, compared to its average volume of 65,803. EQB has a 12-month low of C$78.24 and a 12-month high of C$114.22. The company has a fifty day moving average price of C$105.31 and a 200-day moving average price of C$104.00. The firm has a market capitalization of C$3.89 billion, a PE ratio of 15.67, a P/E/G ratio of 0.34 and a beta of 1.59.
EQB Company Profile
(
Get Free Report)
EQB Inc formerly Equitable Group Inc trades on the Toronto Stock Exchange TSX: EQB and EQB.PR.C and serves over 360000 Canadians through its wholly owned subsidiary Equitable Bank Canadas Challenger Bank. Equitable Bank has grown to become the countrys eighth largest independent Schedule I bank with a clear mandate to drive real change in Canadian banking to enrich peoples lives.
See Also
Before you consider EQB, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and EQB wasn't on the list.
While EQB currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
