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TD Securities Reaffirms Their Buy Rating on Equitable (EQB)


In a latest note to investors, a research analyst has provided a rating update for the Financial sector company, Equitable (EQB). Analyst Graham Ryding from TD Securities reiterated a Buy rating, with a C$78 price target today.

According to TipRanks.com, Ryding is a 4-star analyst with an average return of 9.9% and a 67.1% success rate. Ryding covers the Financial sector, focusing on stocks such as Canaccord Genuity, IGM Financial, and Sprott Inc.

Equitable has an analyst consensus of Moderate Buy, with a price target consensus of C$75.75.

Equitable’s market cap is currently C$1.11B and has a P/E ratio of 7.3. The company has a Price to Book ratio of 0.97.

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 Friday at C$67.61.