EQB Inc. (OTCMKTS:EQGPF) Stock Now Rated “Hold” by Sell-Side Analysts

EQB Inc. (OTCMKTS:EQGPF) has been assigned a consensus recommendation of “Hold” from the nine analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating on the company.

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

EQB Price Performance

Shares of EQGPF opened at $84.66 on Monday. The firm’s fifty day simple moving average is $90.42 and its two-hundred day simple moving average is $90.60. EQB has a 12 month low of $60.14 and a 12 month high of $106.64.

About EQB

EQB Inc is a Canadian financial services company and the parent organization of Equitable Bank, a federally regulated digital bank. Through its EQ Bank platform, the company provides personal banking products such as savings accounts, guaranteed investment certificates, tax-advantaged accounts and residential mortgages.

Equitable Bank also serves businesses and institutional customers through commercial lending, construction financing, real estate financing and deposit services. The company operates across Canada, with lending and banking solutions designed for consumers, property owners, developers and other commercial borrowers.

Equitable Bank was established in 1970 and has expanded from a mortgage lender into a diversified financial institution.