Equitable Group Inc. (EQB) Director Sells C$12,401.40 in Stock
Equitable Group Inc. (TSE:EQB) Director Mark Alexander Mcphail sold 220 shares of the firm’s stock in a transaction on Thursday, September 28th. The shares were sold at an average price of C$56.37, for a total transaction of C$12,401.40.
Equitable Group Inc. (TSE EQB) opened at 56.00 on Friday. Equitable Group Inc. has a 52-week low of $36.15 and a 52-week high of $74.66. The company has a market capitalization of $922.71 million and a price-to-earnings ratio of 5.86. The company’s 50 day moving average is $54.82 and its 200-day moving average is $57.29.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Stockholders of record on Friday, September 15th will be given a $0.24 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from Equitable Group’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.71%.
WARNING: “Equitable Group Inc. (EQB) Director Sells C$12,401.40 in Stock” was first posted by Watch List News and is the sole property of of Watch List News. If you are reading this news story on another website, it was illegally stolen and reposted in violation of US and international copyright laws. The legal version of this news story can be accessed at https://www.watchlistnews.com/equitable-group-inc-eqb-director-sells-c12401-40-in-stock/1600908.html.
A number of research analysts have weighed in on EQB shares. National Bank Financial raised their price objective on shares of Equitable Group from C$47.00 to C$65.00 and gave the company a “sector perform” rating in a research note on Monday, June 26th. TD Securities dropped their price objective on shares of Equitable Group from C$71.00 to C$68.00 in a research note on Monday, August 14th. Finally, CIBC set a C$75.00 price objective on shares of Equitable Group and gave the company an “outperform” rating in a research note on Monday, September 25th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of C$64.40.
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.
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 Analyst Ratings Network's FREE daily email newsletter.