EQB (OTCMKTS:EQGPF – Get Free Report) is projected to release its results before the market opens on Wednesday, February 25th. Analysts expect EQB to post earnings of $1.59 per share and revenue of $223.7690 million for the quarter.
EQB Stock Up 1.1%
Shares of OTCMKTS:EQGPF opened at $86.86 on Monday. The business’s 50-day moving average is $78.31 and its 200 day moving average is $70.61. EQB has a 1 year low of $60.14 and a 1 year high of $89.47.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on EQGPF shares. Desjardins restated a “buy” rating on shares of EQB in a research note on Friday, December 5th. TD Securities raised shares of EQB from a “hold” rating to a “buy” rating in a research report on Wednesday. BMO Capital Markets raised shares of EQB from a “market perform” rating to an “outperform” rating in a report on Monday, January 19th. National Bank Financial reiterated a “sector perform” rating on shares of EQB in a research note on Friday, December 5th. Finally, Scotiabank reissued a “sector perform” rating on shares of EQB in a report on Friday, January 9th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.
EQB Company Profile
Equitable Group Inc (OTCMKTS: EQGPF) is the holding company for Equitable Bank, a Schedule I Canadian bank headquartered in Toronto. Established in 1970 as The Equitable Trust Company, the organization has grown into a diversified financial services provider with a focus on both residential and commercial lending. Equitable Group operates under a bank charter, offering a range of mortgage products—from government-insured and uninsurable residential mortgages to commercial and construction loans—catering to individuals, small businesses, and professional investors across Canada.
In addition to its core lending activities, Equitable Group has developed a digital banking arm known as EQ Bank.
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