Equitable Group Inc. (TSE:EQB) had its price objective lifted by Royal Bank Of Canada from C$61.00 to C$68.00 in a research note issued on Friday. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 9.20% from the company’s previous close.
A number of other analysts have also commented on the company. CIBC set a C$75.00 price target on Equitable Group and gave the company an “outperform” rating in a report on Monday, September 25th. TD Securities cut their price target on Equitable Group from C$71.00 to C$68.00 in a report on Monday, August 14th. Finally, National Bank Financial boosted their price target on Equitable Group from C$65.00 to C$68.00 and gave the company a “sector perform” rating in a report on Friday. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of C$68.00.
Shares of Equitable Group (EQB) opened at C$62.27 on Friday. Equitable Group has a twelve month low of C$36.15 and a twelve month high of C$74.66.
TRADEMARK VIOLATION WARNING: This report was first published by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this report on another website, it was illegally stolen and reposted in violation of United States and international trademark and copyright laws. The legal version of this report can be read at https://sportsperspectives.com/2017/11/12/equitable-group-inc-eqb-pt-raised-to-c68-00-at-royal-bank-of-canada.html.
In related news, insider Andrew Moor sold 1,600 shares of the company’s stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of C$55.59, for a total transaction of C$88,944.00. Also, insider Timothy James Wilson sold 1,000 shares of the company’s stock in a transaction dated Wednesday, October 4th. The stock was sold at an average price of C$56.02, for a total value of C$56,020.00. Over the last 90 days, insiders sold 10,420 shares of company stock worth $574,188.
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.