Equitable Group Inc. (TSE:EQB) Senior Officer Isabelle Farella Sells 697 Shares

Equitable Group Inc. (TSE:EQB) Senior Officer Isabelle Farella sold 697 shares of the company’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of C$91.24, for a total value of C$63,594.28. Following the completion of the transaction, the insider now directly owns 1,149 shares of the company’s stock, valued at approximately C$104,834.76.

Isabelle Farella also recently made the following trade(s):

  • On Tuesday, May 14th, Isabelle Farella sold 805 shares of Equitable Group stock. The stock was sold at an average price of C$73.46, for a total value of C$59,135.30.

Shares of TSE EQB traded up C$1.41 during trading on Friday, reaching C$93.10. The company had a trading volume of 52,312 shares, compared to its average volume of 29,758. The company has a fifty day simple moving average of C$74.59. Equitable Group Inc. has a 12 month low of C$56.12 and a 12 month high of C$94.00. The company has a market cap of $1.53 billion and a PE ratio of 9.55.

Equitable Group (TSE:EQB) last released its quarterly earnings results on Thursday, May 9th. The company reported C$2.72 EPS for the quarter, missing analysts’ consensus estimates of C$2.77 by C($0.05). The business had revenue of C$112.24 million during the quarter, compared to analysts’ expectations of C$110.70 million. On average, equities analysts expect that Equitable Group Inc. will post 12.7799992 earnings per share for the current fiscal year.

A number of equities analysts have issued reports on the company. National Bank Financial upped their target price on Equitable Group from C$88.00 to C$90.00 and gave the stock a “sector perform” rating in a report on Wednesday. Royal Bank of Canada upped their target price on Equitable Group from C$96.00 to C$106.00 and gave the stock an “outperform” rating in a report on Wednesday. CIBC upped their target price on Equitable Group from C$94.00 to C$97.00 in a report on Tuesday. TD Securities upped their target price on Equitable Group from C$88.00 to C$98.00 and gave the stock a “hold” rating in a report on Thursday. Finally, BMO Capital Markets upped their target price on Equitable Group from C$90.00 to C$105.00 in a report on Thursday. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Equitable Group has a consensus rating of “Hold” and a consensus price target of C$96.83.

About Equitable Group

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, and institutional deposit notes.

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