EQB (TSE:EQB) Stock Price Expected to Rise, National Bankshares Analyst Says

EQB (TSE:EQB) had its price target upped by investment analysts at National Bankshares from C$109.00 to C$117.00 in a research note issued on Wednesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price objective indicates a potential upside of 14.52% from the stock’s previous close.

Several other research analysts have also recently issued reports on EQB. Desjardins set a C$130.00 target price on EQB and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Raymond James raised their target price on EQB from C$112.00 to C$121.00 and gave the stock an “outperform” rating in a research report on Friday, January 10th. CIBC raised their price objective on EQB from C$113.00 to C$130.00 in a research note on Tuesday, November 26th. Cormark downgraded EQB from a “buy” rating to a “market perform” rating and decreased their target price for the company from C$131.00 to C$110.00 in a research note on Thursday, December 5th. Finally, TD Securities cut EQB from a “buy” rating to a “hold” rating and dropped their target price for the stock from C$126.00 to C$110.00 in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$119.40.

EQB Stock Down 0.0 %

TSE:EQB traded down C$0.01 on Wednesday, hitting C$102.17. The stock had a trading volume of 63,994 shares, compared to its average volume of 61,515. The stock has a market cap of C$3.95 billion, a price-to-earnings ratio of 15.93, a price-to-earnings-growth ratio of 0.34 and a beta of 1.59. The business’s 50-day simple moving average is C$105.14 and its two-hundred day simple moving average is C$103.87. EQB has a 52-week low of C$78.24 and a 52-week high of C$114.22.

EQB Company Profile

EQB Inc formerly Equitable Group Inc trades on the Toronto Stock Exchange TSX: EQB and EQB.PR.C and serves over 360000 Canadians through its wholly owned subsidiary Equitable Bank Canadas Challenger Bank. Equitable Bank has grown to become the countrys eighth largest independent Schedule I bank with a clear mandate to drive real change in Canadian banking to enrich peoples lives.