Equitable Group Inc. (EQB) Insider Buys C$5,569,200.00 in Stock

Equitable Group Inc. (TSE:EQB) insider Stephen Smith bought 88,400 shares of the stock in a transaction that occurred on Tuesday, April 18th. The shares were purchased at an average price of C$63.00 per share, for a total transaction of C$5,569,200.00.

Stephen Smith also recently made the following trade(s):

  • On Monday, April 17th, Stephen Smith purchased 50,000 shares of Equitable Group stock. The stock was bought at an average price of C$62.74 per share, for a total transaction of C$3,137,000.00.

Shares of Equitable Group Inc. (TSE:EQB) traded up 1.06% during trading on Friday, reaching $49.56. 160,452 shares of the company traded hands. Equitable Group Inc. has a 52 week low of $36.15 and a 52 week high of $74.66. The stock has a market capitalization of $816.60 million and a PE ratio of 5.31. The firm has a 50 day moving average of $56.85 and a 200 day moving average of $60.59.

Insider Buying and Selling by Quarter for Equitable Group (TSE:EQB)

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A number of brokerages have issued reports on EQB. Scotiabank reiterated a “sector perform” rating and issued a C$66.00 price target on shares of Equitable Group in a report on Friday, February 17th. Royal Bank of Canada lifted their price target on shares of Equitable Group from C$64.00 to C$70.00 and gave the company a “sector perform” rating in a report on Friday, February 17th. TD Securities lifted their price target on shares of Equitable Group from C$75.00 to C$80.00 and gave the company a “buy” rating in a report on Tuesday, February 21st. Finally, National Bank Financial boosted their target price on shares of Equitable Group to C$47.00 in a report on Tuesday, May 2nd. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of C$57.25.

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.

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