Equitable Group Inc. (EQB) to Release Earnings on Thursday
Equitable Group Inc. (TSE:EQB) is set to announce its earnings results after the market closes on Thursday, August 10th. Analysts expect the company to announce earnings of $2.11 per share for the quarter.
Shares of Equitable Group Inc. (EQB) opened at 57.76 on Wednesday. Equitable Group Inc. has a 12 month low of $36.15 and a 12 month high of $74.66. The firm has a 50-day moving average of $57.39 and a 200 day moving average of $59.41. The company has a market capitalization of $951.71 million and a PE ratio of 6.19.
EQB has been the subject of several recent analyst reports. Scotiabank lowered their price target on Equitable Group from C$71.00 to C$61.00 and set a “sector perform” rating for the company in a report on Tuesday, May 2nd. TD Securities restated a “buy” rating and issued a C$68.00 price target on shares of Equitable Group in a report on Wednesday, May 3rd. National Bank Financial increased their price target on Equitable Group to C$47.00 in a report on Tuesday, May 2nd. Finally, Royal Bank Of Canada lowered their price target on Equitable Group from C$70.00 to C$53.00 and set a “sector perform” rating for the company in a report on Wednesday, May 3rd. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of C$61.75.
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About Equitable Group
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.
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