12:11:00 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



EQB Inc
Symbol EQB
Shares Issued 37,598,198
Close 2023-05-04 C$ 61.41
Market Cap C$ 2,308,905,339
Recent Sedar Documents

Globe says EQB is a "best idea" for RBC's Kwan

2023-05-04 07:53 ET - In the News

The Globe and Mail reports in its Thursday, May 4, edition that RBC Dominion Securities analyst Geoffrey Kwan is keeping his "outperform" call on EQB intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Kwan raised his share target by a loonie to $88. Analysts on average target the shares at $85.75. Mr. Kwan says in a note: "EQB reported very good Q1/23 results with normalized EPS ahead of our forecast and consensus; provisions for credit losses better-than-forecast; total loans outstanding in-line with our forecast; and loan originations that were only slightly below our forecast. Furthermore, the 6-per-cent dividend increase was in line with our forecast. Our note title reference to The Eagles' classic Take It Easy reflects our view that despite the uncertain housing/mortgage market backdrop, we think EQB nevertheless continues to focus on its growth strategy, which we think the company is doing well. Within our small cap coverage, EQB is our best idea."

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