CIBC initiated coverage of EQB Inc with an Outperformer rating and C$100 price target. The analyst sees upside potential by EQB being able to deliver higher earnings growth in both fiscal 2024 and 2025 versus the “Big 6” Canadian banks. The firm expects the company’s track record of outperformance will continue with low credit losses, strong loan growth, and stable net interest margin.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EQGPF:
- Equitable Bank Embraces Sustainability and Inclusion
- Equitable Group Sets Date for Shareholder Meeting
- Equitable Group (EQGPF) Unveils Dividend Details for Q1: Mark Your Calendar!
- EQB Inc price target raised to C$107 from C$101 at RBC Capital
- EQB Inc downgraded to Sector Perform from Outperform at National Bank
