Equitable Group (OTCMKTS:EQGPF) Price Target Cut to C$85.00

Equitable Group (OTCMKTS:EQGPFGet Rating) had its target price dropped by investment analysts at National Bank Financial from C$95.00 to C$85.00 in a note issued to investors on Tuesday, The Fly reports.

Several other brokerages also recently commented on EQGPF. Raymond James reduced their target price on Equitable Group from C$88.50 to C$85.00 in a report on Monday, April 11th. Scotiabank decreased their target price on shares of Equitable Group from C$103.00 to C$94.00 in a report on Wednesday, April 13th. Royal Bank of Canada boosted their price target on shares of Equitable Group from C$88.00 to C$96.00 in a report on Thursday, February 17th. Finally, TD Securities raised their price objective on shares of Equitable Group from C$95.00 to C$99.00 in a research note on Thursday, February 17th. Seven analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $92.29.

OTCMKTS:EQGPF traded down $1.04 during trading hours on Tuesday, reaching $48.04. 419 shares of the company’s stock were exchanged, compared to its average volume of 503. Equitable Group has a 12 month low of $48.04 and a 12 month high of $65.00. The business’s 50-day simple moving average is $56.47 and its two-hundred day simple moving average is $65.95.

About Equitable Group (Get Rating)

Equitable Group Inc, through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates, high interest savings accounts, tax-free savings accounts, and institutional deposit notes, as well as specialized financing solutions.

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