Equitable Group Inc. (EQB) PT Raised to C$68.00 at Scotiabank

Equitable Group Inc. (TSE:EQB) had its target price raised by research analysts at Scotiabank from C$64.00 to C$68.00 in a report issued on Monday. The firm presently has a “sector perform” rating on the stock. Scotiabank’s target price points to a potential upside of 8.50% from the stock’s previous close.

A number of other research firms have also commented on EQB. Laurentian decreased their price objective on Equitable Group from C$74.00 to C$72.00 in a research note on Monday. National Bank Financial increased their price objective 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. Royal Bank Of Canada increased their price objective 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. CIBC increased their price objective on Equitable Group from C$75.00 to C$81.00 in a research note on Monday. Finally, TD Securities increased their price objective on Equitable Group from C$71.00 to C$74.00 in a research note on Monday. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Equitable Group has an average rating of “Hold” and an average price target of C$71.86.

Shares of Equitable Group (EQB) opened at C$62.67 on Monday. Equitable Group has a 52 week low of C$36.15 and a 52 week high of C$74.66.

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In other Equitable Group news, insider Isabelle Farella sold 487 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of C$63.09, for a total value of C$30,724.83. Also, insider Andrew Moor sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of C$55.25, for a total value of C$55,250.00. Over the last three months, insiders sold 10,807 shares of company stock worth $599,310.

Equitable Group Company Profile

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.

Analyst Recommendations for Equitable Group (TSE:EQB)

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