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Jefferies lowers Equitable Bank's price target to C$93, while Scotiabank holds at C$94, both maintaining "Hold" ratings.
Equitable Bank (EQB) saw its price target lowered to C$93.00 by Jefferies Financial Group from C$107.00, reflecting a 7.08% upside from its recent close, while Scotiabank maintained a C$94.00 target with an 8.23% upside, both keeping a "sector perform" or "Hold" rating.
The stock traded at C$86.85 on Tuesday, up C$0.61, with below-average volume.
The bank, Canada’s eighth largest independent Schedule I institution, serves over 360,000 customers, has a market cap of C$3.33 billion, and a consensus target of C$102.30.
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Jefferies baja el precio objetivo de Equitable Bank a C $ 93, mientras que Scotiabank se mantiene en C $ 94, ambos manteniendo calificaciones de "Hold".