EQB Inc. (OTCMKTS:EQGPF) Receives Average Recommendation of “Hold” from Analysts

EQB Inc. (OTCMKTS:EQGPF) has received a consensus recommendation of “Hold” from the six research firms that are currently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

A number of brokerages have weighed in on EQGPF. BMO Capital Markets lowered shares of EQB from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 12th. Scotiabank reiterated a “sector perform” rating on shares of EQB in a research note on Friday, August 29th. Royal Bank Of Canada reissued an “outperform” rating on shares of EQB in a report on Friday, August 29th. Raymond James Financial downgraded EQB from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 28th. Finally, TD Securities reaffirmed a “hold” rating on shares of EQB in a report on Thursday, October 23rd.

EQB Stock Up 0.9%

Shares of EQGPF stock traded up $0.61 on Friday, hitting $70.29. 100 shares of the stock were exchanged, compared to its average volume of 7,711. The firm’s 50 day moving average is $63.80 and its two-hundred day moving average is $68.36. EQB has a one year low of $60.14 and a one year high of $79.40.

About EQB

EQB Inc, through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, institutional deposit notes and covered bonds, as well as specialized financing solutions.