EQB (OTCMKTS:EQGPF) Stock Price Up 1.7% – Here’s What Happened

EQB Inc. (OTCMKTS:EQGPF)’s share price rose 1.7% during trading on Tuesday . The company traded as high as $67.38 and last traded at $67.31. Approximately 12,107 shares changed hands during mid-day trading, an increase of 160% from the average daily volume of 4,653 shares. The stock had previously closed at $66.16.

Analysts Set New Price Targets

EQGPF has been the topic of a number of recent analyst reports. Raymond James Financial lowered EQB from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 28th. Scotiabank reaffirmed a “sector perform” rating on shares of EQB in a research note on Friday, August 29th. BMO Capital Markets lowered EQB from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 12th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of EQB in a research note on Friday, August 29th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, EQB has a consensus rating of “Hold”.

EQB Stock Performance

The business has a fifty day simple moving average of $69.59 and a 200 day simple moving average of $69.19.

About EQB

EQB 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, institutional deposit notes and covered bonds, as well as specialized financing solutions.