In a latest note to investors, a research analyst has provided a rating update for the Equitable (TSX: EQB). Analyst Jaeme Gloyn from National Bank rated Equitable (TSX: EQB) a Hold today, setting a C$68 price target.
According to TipRanks.com, Gloyn is ranked #2521 out of 4873 analysts.
Equitable has an analyst consensus of Moderate Buy, with a price target consensus of C$76, a 33.3% upside from current levels. In a report issued on October 25, RBC Capital also reiterated a Hold rating on the stock with a C$69 price target.
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Equitable’s market cap is currently C$950.9M and has a P/E ratio of 6.3. The company has a Price to Book ratio of 0.83.
Equitable Group, Inc. is a holding company, which engages in the provision of financial services. Through its subsidiaries, it offers residential lending, commercial lending, and saving solutions. The company was founded on January 1, 2004 and is headquartered in Toronto, Canada.
The company’s shares closed on Tuesday at C$57.03.
