RBC Capital Remains a Buy on Equitable Group (EQGPF) | Markets Insider
In a report released on February 14, Darko Mihelic from RBC Capital maintained a Buy rating on Equitable Group (EQGPF – Research Report), with a price target of C$153.00. The company’s shares closed last Friday at $75.17.
Mihelic covers the Financial sector, focusing on stocks such as Bank Of Nova Scotia, National Bank of Canada, and Bank Of Montreal. According to TipRanks, Mihelic has an average return of 7.2% and a 58.84% success rate on recommended stocks.
Equitable Group has an analyst consensus of Moderate Buy, with a price target consensus of $87.86, implying a 16.88% upside from current levels. In a report released on February 10, Desjardins also initiated coverage with a Buy rating on the stock with a C$130.00 price target.
EQGPF market cap is currently $2.88B and has a P/E ratio of 10.04.
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EQGPF in relation to earlier this year.