EQB (TSE:EQB - Get Free Report) had its target price boosted by Raymond James from C$112.00 to C$121.00 in a report issued on Friday,BayStreet.CA reports. The brokerage currently has an "outperform" rating on the stock. Raymond James' price target would suggest a potential upside of 13.20% from the company's current price.
Several other brokerages also recently weighed in on EQB. Scotiabank lowered their target price on shares of EQB from C$135.00 to C$130.00 in a report on Friday, December 6th. TD Securities lowered EQB from a "buy" rating to a "hold" rating and lowered their price objective for the company from C$126.00 to C$110.00 in a report on Friday, December 6th. CIBC increased their target price on EQB from C$113.00 to C$130.00 in a research note on Tuesday, November 26th. BMO Capital Markets lifted their price target on EQB from C$106.00 to C$119.00 in a research note on Monday, November 18th. Finally, Cormark lowered EQB from a "buy" rating to a "market perform" rating and dropped their price objective for the stock from C$131.00 to C$110.00 in a report on Thursday, December 5th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat, EQB currently has a consensus rating of "Hold" and an average target price of C$115.50.
Read Our Latest Research Report on EQB
EQB Price Performance
Shares of EQB stock traded up C$0.73 on Friday, hitting C$106.89. The stock had a trading volume of 61,087 shares, compared to its average volume of 74,156. The company's 50 day moving average price is C$104.57 and its 200-day moving average price is C$100.83. EQB has a 1 year low of C$78.24 and a 1 year high of C$113.20. The firm has a market capitalization of C$4.10 billion, a P/E ratio of 11.23, a P/E/G ratio of 0.34 and a beta of 1.59.
About EQB
(
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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.
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