Equitable Group (OTCMKTS:EQGPF) Raised to Outperform at Raymond James

Equitable Group (OTCMKTS:EQGPF) was upgraded by equities research analysts at Raymond James from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, The Fly reports.

EQGPF has been the topic of several other reports. Scotiabank raised their target price on Equitable Group from $107.00 to $130.00 and gave the company a “sector perform” rating in a report on Thursday, January 28th. National Bank Financial restated an “outperform” rating on shares of Equitable Group in a research note on Monday, January 25th. TD Securities boosted their price target on Equitable Group from $95.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, November 5th. Royal Bank of Canada lifted their price objective on Equitable Group from $84.00 to $97.00 and gave the stock an “underperform” rating in a report on Wednesday, November 4th. Finally, Stifel Nicolaus raised their price target on shares of Equitable Group from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, February 17th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. Equitable Group presently has an average rating of “Hold” and an average target price of $111.35.

Shares of EQGPF opened at $96.96 on Tuesday. The stock’s fifty day simple moving average is $84.54 and its 200 day simple moving average is $64.86. Equitable Group has a twelve month low of $62.64 and a twelve month high of $96.96.

Equitable Group Company Profile

Equitable Group Inc, through its subsidiary, Equitable Bank, provides various financial services to retail and commercial customers in Canada. The company accepts term deposits and guaranteed investment certificates (GICs), high interest savings accounts (HISAs), tax-free savings accounts (TFSAs), and institutional deposit notes.

Recommended Story: What is a Futures Contract?

The Fly

Analyst Recommendations for Equitable Group (OTCMKTS:EQGPF)

Receive News & Ratings for Equitable Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equitable Group and related companies with MarketBeat.com's FREE daily email newsletter.