RBC Capital Remains a Hold on Equitable (EQB)


Equitable (EQB), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Geoffrey Kwan from RBC Capital rated Equitable (EQB) a Hold, setting a C$75 price target.

According to TipRanks.com, Kwan is a 3-star analyst with an average return of 1.0% and a 41.6% success rate. Kwan covers the Financial sector, focusing on stocks such as Element Financial, IGM Financial, and Sprott Inc.

Equitable has an analyst consensus of Moderate Buy, with a price target consensus of C$80.40.

Equitable’s market cap is currently C$1.07B and has a P/E ratio of 6.6. The company has a Price to Book ratio of 0.90.

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$64.79.

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