Benzinga | Oct 5, 2021 12:33PM EDT

Where Equinix Stands With Analysts

Within the last quarter, Equinix (NASDAQ:EQIX) has observed the following analyst ratings:

Bullish Somewhat Bullish Indifferent Somewhat Bearish BearishTotal Ratings 0 4 1 0 0Last 30D 0 0 1 0 01M Ago 0 0 0 0 02M Ago 0 2 0 0 03M Ago 0 2 0 0 0

According to 5 analyst offering 12-month price targets in the last 3 months, Equinix has an average price target of $870.4 with a high of $942.00 and a low of $731.00.

Below is a summary of how these 5 analysts rated Equinix 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 current average represents a 1.85% increase from the previous average price target of $886.8.

How Are Analyst Ratings Determined?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.