Credit Suisse analyst Sami Badri maintained a Buy rating on Equinix (EQIX) yesterday and set a price target of $467. The company’s shares closed yesterday at $370.68.
According to TipRanks.com, Badri ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -13.2% and a 22.2% success rate. Badri covers the Consumer Goods sector, focusing on stocks such as Motorola Solutions, Ubiquiti Networks, and CommScope Holding.
Equinix has an analyst consensus of Strong Buy, with a price target consensus of $491, representing a 32.5% upside. In a report issued on January 4, Oppenheimer also maintained a Buy rating on the stock with a $475 price target.
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Equinix’s market cap is currently $29.8B and has a P/E ratio of 92.44. The company has a Price to Book ratio of 4.16.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Equinix, Inc. engages in the provision of collocation space and related service. It operates through the following geographical segments: Americas; Europe, Middle East and Africa, and Asia-Pacific. The company was founded on June 22, 1998 and is headquartered in Redwood City, CA.
