Equitable Group Inc. (TSE:EQB) had its target price dropped by analysts at Laurentian Bank of Canada from C$74.00 to C$72.00 in a report released on Monday. Laurentian Bank of Canada’s target price would suggest a potential upside of 14.89% from the stock’s previous close.
Other analysts also recently issued research reports about the company. Scotiabank lifted their target price on Equitable Group from C$64.00 to C$68.00 and gave the company a “sector perform” rating in a research note on Monday. CIBC set a C$75.00 target price on Equitable Group and gave the company an “outperform” rating in a research note on Monday, September 25th. TD Securities cut their target price on Equitable Group from C$71.00 to C$68.00 in a research note on Monday, August 14th. National Bank Financial lifted their target price on Equitable Group from C$65.00 to C$68.00 and gave the company a “sector perform” rating in a research note on Friday, November 10th. Finally, Royal Bank Of Canada lifted their target price on Equitable Group from C$61.00 to C$68.00 and gave the company a “sector perform” rating in a research note on Friday, November 10th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of C$71.86.
Equitable Group (EQB) opened at C$62.67 on Monday. Equitable Group has a 12-month low of C$36.15 and a 12-month high of C$74.66.
TRADEMARK VIOLATION NOTICE: “Equitable Group Inc. (EQB) Price Target Cut to C$72.00” was originally posted by Stock Observer and is the sole property of of Stock Observer. If you are reading this piece on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The original version of this piece can be accessed at https://www.thestockobserver.com/2017/11/15/equitable-group-inc-eqb-price-target-cut-to-c72-00.html.
In other news, insider Andrew Moor sold 5,000 shares of the business’s stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of C$54.28, for a total value of C$271,400.00. Also, insider Isabelle Farella sold 487 shares of the business’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of C$63.09, for a total value of C$30,724.83. Insiders sold a total of 10,807 shares of company stock worth $599,310 in the last three months.
About Equitable Group
Equitable Group Inc is a financial services business that operates through its wholly owned subsidiary, Equitable Bank (the Bank). Equitable Bank serves retail and commercial customers across Canada with a range of savings solutions and mortgage lending products, offered under the Equitable Bank and EQ Bank brands.
Receive News & Ratings for Equitable Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equitable Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.