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

EQB Inc. (OTCMKTS:EQGPF) has received a consensus recommendation of “Hold” from the nine analysts that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and five have issued a buy recommendation on the company.

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

EQB Stock Performance

Shares of EQB stock opened at $88.73 on Thursday. The stock’s 50 day simple moving average is $95.50 and its 200-day simple moving average is $89.89. EQB has a 1-year low of $60.14 and a 1-year high of $106.64.

About EQB

EQB Inc is a Canadian financial services company and the parent organization of Equitable Bank, which operates under the EQ Bank brand. The company provides banking, lending and investment services to individuals, businesses and institutional clients across Canada.

Through Equitable Bank, EQB offers deposit accounts, savings products, residential mortgages, commercial real estate financing and other specialized lending solutions. Its digital banking platform, EQ Bank, provides online banking services designed to serve customers without a traditional branch network.