EQB (TSE:EQB) PT Set at C$120.00 by National Bank Financial

EQB (TSE:EQB) received a C$120.00 price objective from equities researchers at National Bank Financial in a research note issued to investors on Friday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s price target would indicate a potential upside of 4.92% from the company’s current price.

Several other brokerages have also weighed in on EQB. BMO Capital Markets raised EQB from a “hold” rating to an “outperform” rating and boosted their price objective for the company from C$108.00 to C$130.00 in a report on Tuesday, January 20th. TD Securities dropped their price objective on shares of EQB from C$138.00 to C$132.00 in a research note on Thursday, February 26th. Desjardins increased their price objective on shares of EQB from C$130.00 to C$132.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Jefferies Financial Group increased their price objective on shares of EQB from C$97.00 to C$109.00 in a research note on Wednesday, February 11th. Finally, Scotiabank increased their price objective on shares of EQB from C$105.00 to C$122.00 in a research note on Friday, February 27th. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, EQB currently has a consensus rating of “Hold” and an average price target of C$118.22.

EQB Stock Performance

EQB stock remained flat at C$114.37 during midday trading on Friday. The company had a trading volume of 38,734 shares, compared to its average volume of 134,839. The company has a market capitalization of C$4.19 billion, a PE ratio of 19.09, a P/E/G ratio of 0.34 and a beta of 0.74. EQB has a 1 year low of C$83.93 and a 1 year high of C$126.51. The business’s 50 day moving average is C$115.19 and its two-hundred day moving average is C$106.17.

About EQB

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. At Equitable Bank we are as invested in our employees as we are in our business. Thats why we are consistently recognized as one of Canadas Top Employers a rating that comes from our 1300+ employees.