Analysts cite strong asset growth and merger synergies as Equitable Holdings nears $1 trillion in assets under management.
Barclays reaffirmed a Buy rating on Equitable Holdings (EQH) with a $51 price target, implying 15% upside from current levels. This matches the lowest target among 15 analysts covering the stock.
UBS raised its price target on EQH from $58 to $63, citing stronger-than-expected asset growth and improving investment performance. The firm noted the company’s assets under management have nearly reached $1 trillion despite recent retail outflows. UBS also highlighted the planned merger with CRBG, which is expected to generate $500 million in cost savings and enhance index inclusion prospects.
Equitable Holdings operates in individual retirement, group retirement, investment management, protection solutions, and wealth management segments.