Benzinga | Jun 17, 2021 10:58AM EDT

Analyst Ratings for Equinix

Within the last quarter, Equinix (NASDAQ:EQIX) has observed the following analyst ratings: Last 30 Days 1 Month Ago 2 Months Ago 3 Months AgoBullish 1 1 0 0Somewhat Bullish 0 0 3 0Indifferent 0 0 0 0Somewhat Bearish 0 0 0 0Bearish 0 0 0 0

7 analysts offering 12-month price targets in the last 3 months for Equinix evaluate the company at an average price target of $877.86 with a high of $936.00 and a low of $750.00.

This current average has increased by 0.92% from the previous average price target of $869.83.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Analysts also give out recommendations like "buy", "sell", "hold", or similar verbage for each stock based on their overall evaluations of the corres ponding company. A "buy" indicates that an analyst is optimistic about a stock's short-term or mid-term growth, recommending traders to purchase the stock. Contrastingly, a "sell" means that an analyst believes the stock will trend downwards in that same time frame. A "hold" suggests that investors should not buy more of or sell any of the specified stock due to that analyst's prediction of stagnation.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.