EQB Inc. (OTCMKTS:EQGPF) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of EQB Inc. (OTCMKTS:EQGPF) have earned an average recommendation of “Hold” from the nine ratings firms that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have issued a buy recommendation on the company.

Several research analysts recently weighed in on EQGPF shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of EQB in a research report on Wednesday, August 19th. Raymond James Financial lowered EQB from a “market perform” rating to an “underperform” rating in a research report on Thursday, August 27th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of EQB in a research note on Friday, August 28th. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of EQB in a report on Monday, August 31st.

EQB Price Performance

Shares of EQGPF stock opened at $87.81 on Thursday. EQB has a 52-week low of $60.14 and a 52-week high of $106.64. The business has a 50-day simple moving average of $94.83 and a 200-day simple moving average of $90.08.

EQB Company Profile

EQB Inc is a Canadian financial services company and the parent organization of Equitable Bank, which operates under the EQ Bank brand. The company provides banking, lending and investment services to individuals, businesses and institutional clients across Canada.

Through Equitable Bank, EQB offers deposit accounts, savings products, residential mortgages, commercial real estate financing and other specialized lending solutions. Its digital banking platform, EQ Bank, provides online banking services designed to serve customers without a traditional branch network.