EQB (OTCMKTS:EQGPF) Trading 0.5% Higher – Still a Buy?

EQB Inc. (OTCMKTS:EQGPF)’s stock price traded up 0.5% during trading on Monday . The stock traded as high as $80.9810 and last traded at $80.9810. 202,630 shares changed hands during mid-day trading, an increase of 1,020% from the average session volume of 18,090 shares. The stock had previously closed at $80.56.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. BMO Capital Markets raised EQB from a “market perform” rating to an “outperform” rating in a report on Monday, January 19th. TD Securities raised EQB from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of EQB in a report on Friday, January 9th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, EQB has a consensus rating of “Moderate Buy”.

EQB Price Performance

The firm has a 50-day moving average of $82.30 and a two-hundred day moving average of $73.23.

About EQB

Equitable Group Inc (OTCMKTS: EQGPF) is the holding company for Equitable Bank, a Schedule I Canadian bank headquartered in Toronto. Established in 1970 as The Equitable Trust Company, the organization has grown into a diversified financial services provider with a focus on both residential and commercial lending. Equitable Group operates under a bank charter, offering a range of mortgage products—from government-insured and uninsurable residential mortgages to commercial and construction loans—catering to individuals, small businesses, and professional investors across Canada.

In addition to its core lending activities, Equitable Group has developed a digital banking arm known as EQ Bank.