EQB Inc assumed with an Outperform at RBC Capital

RBC Capital assumed coverage of EQB Inc (EQGPF) with an Outperform rating and C$153 price target EQB’s valuation is compelling and could improve further as the company grows its balance sheet and builds out its funding strategy, the analyst tells investors in a research note. The firm is modeling core EPS growth of about 8% in 2025 and a core return on equity of 14.6%.