Fintel reports that on January 17, 2025, Scotiabank downgraded their outlook for EQT (LSE:0IDU) from Sector Outperform to Sector Perform.
Analyst Price Forecast Suggests 8.44% Downside
As of December 23, 2024, the average one-year price target for EQT is 48.60 GBX/share. The forecasts range from a low of 32.72 GBX to a high of 61.92 GBX. The average price target represents a decrease of 8.44% from its latest reported closing price of 53.08 GBX / share.
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The projected annual revenue for EQT is 8,464MM, an increase of 83.08%. The projected annual non-GAAP EPS is 5.45.
What is the Fund Sentiment?
There are 1,533 funds or institutions reporting positions in EQT. This is an increase of 103 owner(s) or 7.20% in the last quarter. Average portfolio weight of all funds dedicated to 0IDU is 0.39%, an increase of 21.64%. Total shares owned by institutions increased in the last three months by 32.80% to 708,054K shares.
What are Other Shareholders Doing?
Wellington Management Group Llp holds 74,153K shares representing 12.43% ownership of the company. In its prior filing, the firm reported owning 53,452K shares , representing an increase of 27.92%. The firm decreased its portfolio allocation in 0IDU by 81.09% over the last quarter.
Price T Rowe Associates holds 56,818K shares representing 9.52% ownership of the company. In its prior filing, the firm reported owning 66,770K shares , representing a decrease of 17.52%. The firm decreased its portfolio allocation in 0IDU by 18.88% over the last quarter.
Bank of New York Mellon holds 23,375K shares representing 3.92% ownership of the company. In its prior filing, the firm reported owning 20,348K shares , representing an increase of 12.95%. The firm increased its portfolio allocation in 0IDU by 11.66% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 18,835K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 13,926K shares , representing an increase of 26.06%. The firm increased its portfolio allocation in 0IDU by 25.87% over the last quarter.
VEIPX - Vanguard Equity Income Fund Investor Shares holds 18,289K shares representing 3.07% ownership of the company. In its prior filing, the firm reported owning 13,246K shares , representing an increase of 27.57%. The firm increased its portfolio allocation in 0IDU by 27.95% over the last quarter.
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