EQT AB (publ) (OTCMKTS:EQBBF) Upgraded by SEB Equities to Buy

SEB Equities upgraded shares of EQT AB (publ) (OTCMKTS:EQBBF) from a hold rating to a buy rating in a research report report published on Tuesday, The Fly reports.

Several other brokerages also recently weighed in on EQBBF. Morgan Stanley reiterated an overweight rating on shares of EQT AB (publ) in a research report on Monday, November 29th. JPMorgan Chase & Co. reiterated a neutral rating on shares of EQT AB (publ) in a research report on Friday, October 22nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of Hold and an average price target of $40.43.

OTCMKTS:EQBBF opened at $47.13 on Tuesday. The business has a 50 day moving average of $57.70 and a 200 day moving average of $48.89. EQT AB has a 1-year low of $28.00 and a 1-year high of $60.77.

EQT AB (publ) Company Profile

EQT AB (publ) is a private equity firm specializing in buyout investments. The firm focuses on Private Capital & Real Asset segments. It seeks to focus on investment opportunities in Australia and New Zealand. It seeks to take a majority stake. EQT AB (publ) was founded in 2012 and is based in Stockholm, Sweden and additional office in Sydney, Australia.

Further Reading: Do equity income investments outperform growth and income investments?

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Analyst Recommendations for EQT AB (publ) (OTCMKTS:EQBBF)

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