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

Shares of EQB Inc. (OTCMKTS:EQGPF) have received an average recommendation of “Hold” from the nine brokerages that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have given a buy recommendation to the company.

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

EQB Stock Performance

Shares of EQB stock opened at $85.51 on Monday. EQB has a 1 year low of $60.14 and a 1 year high of $106.64. The business has a 50-day moving average of $89.11 and a two-hundred day moving average of $87.85.

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 and lending products to individuals, businesses and institutional clients across Canada.

Its principal activities include residential and commercial mortgage lending, deposit accounts, personal banking, business banking and other financial services. Through EQ Bank, EQB offers digital banking products such as savings accounts, guaranteed investment certificates, international money transfer services and everyday banking solutions.