CIBC Increases Equitable Group Inc. (EQB) Price Target to C$81.00

Equitable Group Inc. (TSE:EQB) had its price target increased by CIBC from C$75.00 to C$81.00 in a research report issued on Monday. CIBC’s price target would indicate a potential upside of 29.25% from the company’s previous close.

Several other brokerages have also weighed in on EQB. National Bank Financial upped their price objective on shares of Equitable Group from C$65.00 to C$68.00 and gave the company a “sector perform” rating in a report on Friday, November 10th. Royal Bank Of Canada upped their price objective on shares of Equitable Group from C$61.00 to C$68.00 and gave the company a “sector perform” rating in a report on Friday, November 10th. Finally, TD Securities dropped their price objective on shares of Equitable Group from C$71.00 to C$68.00 in a report on Monday, August 14th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Equitable Group currently has a consensus rating of “Hold” and a consensus target price of C$71.86.

Equitable Group (TSE EQB) opened at C$62.67 on Monday. Equitable Group has a fifty-two week low of C$36.15 and a fifty-two week high of C$74.66.

ILLEGAL ACTIVITY NOTICE: “CIBC Increases Equitable Group Inc. (EQB) Price Target to C$81.00” was posted by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this news story on another site, it was stolen and reposted in violation of US and international copyright and trademark laws. The original version of this news story can be viewed at https://sportsperspectives.com/2017/11/15/cibc-increases-equitable-group-inc-eqb-price-target-to-c81-00.html.

In other Equitable Group news, insider Andrew Moor sold 5,000 shares of the company’s stock in a transaction dated Tuesday, September 12th. The shares were 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 company’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of C$63.09, for a total transaction of C$30,724.83. Insiders sold a total of 10,807 shares of company stock worth $599,310 in the last 90 days.

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)

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.

Latest News

Leave a Reply