Jefferies analyst Suneet Kamath maintained a Buy rating on Equitable Holdings (EQH – Research Report) on June 5 and set a price target of $38.00. The company’s shares closed last Thursday at $25.56, close to its 52-week low of $25.22.
According to TipRanks.com, Kamath is a 4-star analyst with an average return of 4.9% and a 55.2% success rate. Kamath covers the Financial sector, focusing on stocks such as Jackson Financial Incorporation, American Equity Investment Life, and Brighthouse Financial.
Currently, the analyst consensus on Equitable Holdings is a Strong Buy with an average price target of $40.00, representing a 52.8% upside. In a report issued on May 23, Citigroup also initiated coverage with a Buy rating on the stock with a $41.00 price target.
The company has a one-year high of $37.13 and a one-year low of $25.22. Currently, Equitable Holdings has an average volume of 3.08M.
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Equitable Holdings, Inc. is a financial services company in the U.S. and is comprised of two complementary and well-established principal franchises, AXA Equitable Life Insurance Company and AllianceBernstein. Its mission is to help clients secure their financial well-being. The company was founded by Henry B. Hyde in 1859 and is headquartered in New York, NY.
Read More on EQH:
- Jefferies Reaffirms Their Hold Rating on Kraft Heinz (KHC)
- Jefferies Reaffirms Their Hold Rating on American Equity Investment Life (AEL)
- Jefferies Remains a Hold on Brighthouse Financial (BHF)
- Chemours Company (CC) Gets a Buy Rating from Alembic Global
- BMO Capital Keeps Their Buy Rating on UDR (UDR)