EQB Inc. (OTCMKTS:EQGPF) Stock Rated “Hold” by Sell-Side Analysts

EQB Inc. (OTCMKTS:EQGPF) has received an average recommendation of “Hold” from the nine research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating on the company.

A number of analysts have recently weighed in on EQGPF shares. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of EQB in a research note on Wednesday, August 19th. Scotiabank restated a “sector perform” rating on shares of EQB in a research report on Monday, August 31st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of EQB in a research report on Friday, August 28th. Finally, Raymond James Financial lowered shares of EQB from a “market perform” rating to an “underperform” rating in a research note on Thursday, August 27th.

EQB Price Performance

EQGPF stock opened at $84.66 on Monday. The firm’s fifty day moving average is $90.42 and its 200 day moving average is $90.60. EQB has a 52 week low of $60.14 and a 52 week high of $106.64.

About EQB

EQB Inc is a Canadian financial services company and the parent organization of Equitable Bank, a federally regulated digital bank. Through its EQ Bank platform, the company provides personal banking products such as savings accounts, guaranteed investment certificates, tax-advantaged accounts and residential mortgages.

Equitable Bank also serves businesses and institutional customers through commercial lending, construction financing, real estate financing and deposit services. The company operates across Canada, with lending and banking solutions designed for consumers, property owners, developers and other commercial borrowers.

Equitable Bank was established in 1970 and has expanded from a mortgage lender into a diversified financial institution.