EQB Inc. (OTCMKTS:EQGPF) Given Average Recommendation of “Hold” by Brokerages

EQB Inc. (OTCMKTS:EQGPF) has received an average recommendation of “Hold” from the nine brokerages that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have assigned a buy recommendation to the company.

A number of equities research analysts recently commented on the company. Raymond James Financial downgraded EQB from a “market perform” rating to an “underperform” rating in a report on Thursday, August 27th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of EQB in a report on Wednesday, August 19th. Scotiabank restated a “sector perform” rating on shares of EQB in a research report on Monday, August 31st. Jefferies Financial Group reaffirmed a “hold” rating on shares of EQB in a research note on Thursday, May 28th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of EQB in a research note on Friday, August 28th.

EQB Price Performance

EQGPF stock opened at $93.51 on Friday. EQB has a twelve month low of $60.14 and a twelve month high of $106.64. The business’s fifty day moving average is $97.70 and its 200-day moving average is $89.39.

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.