Analysts have been eager to weigh in on the Financial sector with new ratings on Equinix (EQIX) and Deutsche Bank AG (DB).
Equinix (EQIX)
Oppenheimer analyst Timothy Horan maintained a Buy rating on Equinix today and set a price target of $820.00. The company’s shares closed last Wednesday at $770.00, close to its 52-week high of $770.88.
According to TipRanks.com, Horan is a top 100 analyst with an average return of 18.2% and a 74.9% success rate. Horan covers the Technology sector, focusing on stocks such as Limelight Networks, GTT Communications, and Boingo Wireless.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Equinix with a $771.86 average price target, which is a 1.5% upside from current levels. In a report issued on July 15, Barclays also initiated coverage with a Buy rating on the stock with a $821.00 price target.
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Deutsche Bank AG (DB)
In a report released yesterday, Daniele Brupbacher from UBS maintained a Hold rating on Deutsche Bank AG, with a price target of EUR8.00. The company’s shares closed last Wednesday at $9.22.
According to TipRanks.com, Brupbacher is ranked #6226 out of 6831 analysts.
Deutsche Bank AG has an analyst consensus of Moderate Sell, with a price target consensus of $7.74, a -13.8% downside from current levels. In a report issued on July 21, Goldman Sachs also maintained a Hold rating on the stock with a EUR6.60 price target.
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