Benzinga | Aug 30, 2021 01:04PM EDT

Expert Ratings For Zscaler

Zscaler (NASDAQ:ZS) has observed the following analyst ratings within the last quarter:

Bullish Somewhat Bullish Indifferent Somewhat Bearish BearishTotal Ratings 6 5 1 0 0Last 30 Days 0 1 0 0 01 Month Ago 0 2 0 0 02 Months Ago 5 0 1 0 03 Months Ago 1 2 0 0 0

These 12 analysts have an average price target of $266.25 versus the current price of Zscaler at 278.71, implying downside.

Below is a summary of how these 12 analysts rated Zscaler over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the move negative analysts are on the stock

This average price target has increased by 17.15% over the past month.

What Are Analyst Ratings?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.