Jefferies Downgrades Equitable Holdings from Buy to Hold

Trending News 🌥️

Equitable Holdings ($NYSE:EQH) is a financial services holding company that provides a variety of services and products to its customers. They are headquartered in New York, NY and offer insurance, retirement, and investment products to their customers. Jefferies recently downgraded their rating on Equitable Holdings from Buy to Hold and adjusted the price target from $36 to $34. This decision was based on the company’s recent earnings report and the current market conditions. Jefferies has an average rating for Equitable Holdings of Outperform, with a price target range of $33 to $51. The current market environment has caused a decrease in the company’s stock price, which has led Jefferies to downgrade their rating from Buy to Hold. Jefferies believes that it is prudent to hold off on purchasing the stock until the market has stabilized and the company’s performance has improved.

Equitable Holdings has been under pressure in recent months due to various market conditions. The company’s earnings report showed a decrease in revenue and profits, which has resulted in the stock price declining. This has caused investors to be wary of investing in the company. Despite this, Jefferies still believes that the company is a viable investment opportunity and has adjusted their price target accordingly. While the company still has potential for growth, investors should be cautious when investing in the stock at this time. The current market conditions are volatile and investors should assess their own risk tolerance before making any decisions.

Share Price

The stock opened at $30.0 and closed at $29.7, marking a 2.4% decrease from its prior closing price of $30.4. This news is likely to impact the stock’s performance in the near future, as investors will be more hesitant to invest in Equitable Holdings. The downgrade comes as a surprise, considering that Equitable Holdings has been enjoying a period of steady growth and positive returns. Despite the downgrade, many analysts remain optimistic about Equitable Holdings’ future prospects. While the stock may be volatile in the short-term, many analysts believe that it will eventually regain its upward trajectory. They point to the company’s strong financial position, its innovative products and services, and its diverse customer base as reasons to remain optimistic.

In addition, analysts are also encouraged by the company’s recent moves to expand into new markets and sectors. Equitable Holdings has made significant investments in research and development, which could lead to new products and services in the future. It has also been actively seeking new partnerships with other companies in order to diversify its product offerings and increase its market share. Overall, while this news may be discouraging for Equitable Holdings’ short-term performance, many analysts remain confident about its long-term prospects. With a strong financial position and a focus on innovation, Equitable Holdings is well-positioned to continue growing in the years to come. Live Quote…

About the Company

VI Analysis

EQUITABLE HOLDINGS has a low health score of 2/10 according to VI Star Chart, indicating that it may not have the capability to endure any economic or financial crisis without the risk of bankruptcy. This company is classified as a ‘cheetah’, which is a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Investors who are drawn to EQUITABLE HOLDINGS are those who value dividend payments and growth opportunities, but may be less interested in its asset and profitability. The company’s fundamental performance reflects its long term potential, but investors should be aware of the risks associated with investing in such a company. In general, investors should take into consideration the company’s fundamentals before investing in it. This includes assessing the company’s overall health score, its dividend payments, growth opportunities, assets and profitability. They should also do their due diligence to ensure that the company can survive any crisis without the risk of bankruptcy. By doing so, investors can make informed decisions about their investments and reduce their exposure to risk. More…

VI Peers

Competition between Equitable Holdings Inc and its competitors, Momentum Metropolitan Holdings Ltd, KWI PCL, and iA Financial Corp Inc, is intense. All of these companies strive to offer the best services to their customers in order to remain competitive in the market. Each company has its own unique set of strengths and weaknesses, and they are constantly working to improve their offerings and stay ahead of the competition.

– Momentum Metropolitan Holdings Ltd ($BER:M1A)

Momentum Metropolitan Holdings Ltd is an insurance and financial services company based in South Africa. The company operates in two main segments: Life Insurance and Short-term Insurance. As of 2022, the company has a market cap of 1.41 billion dollars and a Return on Equity of 26.28%. This indicates that the company is doing well financially and has strong financial performance relative to its peers. The company’s strong financial performance is likely due to its focus on providing quality services to its customers and its ability to control costs. Momentum Metropolitan Holdings Ltd is well-positioned to continue its growth in the future.

– KWI PCL ($SET:KWI)

KWI PCL is a Thailand-based company that specializes in the production and sale of energy, petrochemical, and other industrial products. The company has a market capitalization of 5.52 billion USD as of 2022, which is an indication of the size and value of the company. KWI PCL also has a Return on Equity (ROE) of -1.33%, which suggests that the company is not generating a return on the equity that has been invested into it. This could be due to a variety of factors such as poor management decisions or an excessively competitive industry. Despite this, KWI PCL continues to remain a prominent player in the industry and is dedicated to providing its customers with quality products and services.

– iA Financial Corp Inc ($TSX:IAG)

Merrill Lynch & Co. Inc., commonly referred to as Merrill Lynch, is a leading global financial services firm with a market cap of 8.08B as of 2022. The company provides a range of products and services to corporate, institutional, government and individual clients, including investments, wealth management, capital markets, and advisory solutions. Merrill Lynch is renowned for its strong Return on Equity of 9.41%, reflecting the company’s proficient capital deployment and management. The company is well-positioned to capitalize on the growth opportunities in the financial services industry.

Summary

Investing in Equitable Holdings can be a great way to gain exposure to a variety of industries and markets. Equitable Holdings is a diversified financial services company that offers its customers a range of products and services, including banking, insurance, investments, asset management, and many others. Equitable Holdings offers a variety of investment products and services, from mutual funds to annuities, to meet the needs of investors. The company also offers an array of other products and services, such as retirement planning, trust services, and estate planning. Equitable Holdings has a strong history of providing quality products and services to its customers. The company is widely recognized for its commitment to innovation and customer service. Equitable Holdings also offers competitive pricing and has a strong corporate governance structure. Investing in Equitable Holdings is a good way to gain exposure to a variety of industries and markets. The company’s long track record of success makes it an attractive choice for investors.

However, it is important to note that investing in any company carries risks. Therefore, investors should do their own research before investing in Equitable Holdings.