EQB (EQGPF) Expected to Announce Quarterly Earnings on Wednesday

EQB (OTCMKTS:EQGPF) will likely be posting its results before the market opens on Wednesday, February 25th. Analysts expect EQB to post earnings of $1.59 per share and revenue of $223.7690 million for the quarter.

EQB Stock Up 1.1%

Shares of EQGPF traded up $0.98 during mid-day trading on Friday, hitting $86.86. 9,879 shares of the company’s stock were exchanged, compared to its average volume of 7,116. EQB has a 52 week low of $60.14 and a 52 week high of $89.47. The stock’s 50-day simple moving average is $78.31 and its 200-day simple moving average is $70.63.

Analysts Set New Price Targets

A number of equities analysts have commented on EQGPF shares. TD Securities upgraded EQB from a “hold” rating to a “buy” rating in a research note on Wednesday. Desjardins restated a “buy” rating on shares of EQB in a research report on Friday, December 5th. National Bank Financial reaffirmed a “sector perform” rating on shares of EQB in a research note on Friday, December 5th. BMO Capital Markets raised shares of EQB from a “market perform” rating to an “outperform” rating in a research report on Monday, January 19th. Finally, Scotiabank reissued a “sector perform” rating on shares of EQB in a report on Friday, January 9th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, EQB has an average rating of “Moderate Buy”.

About EQB

Equitable Group Inc (OTCMKTS: EQGPF) is the holding company for Equitable Bank, a Schedule I Canadian bank headquartered in Toronto. Established in 1970 as The Equitable Trust Company, the organization has grown into a diversified financial services provider with a focus on both residential and commercial lending. Equitable Group operates under a bank charter, offering a range of mortgage products—from government-insured and uninsurable residential mortgages to commercial and construction loans—catering to individuals, small businesses, and professional investors across Canada.

In addition to its core lending activities, Equitable Group has developed a digital banking arm known as EQ Bank.