Economy

Analysts Set Equinix Inc. (EQIX) Price Target at $394.83

In other news, insider Eric Schwartz sold 86 shares of the business's stock in a transaction dated Monday, August 15th. Following the completion of the sale, the chief operating officer now directly owns 1,445 shares of the company's stock, valued at $521,110.35. During the same period in the prior year, the business earned $3.95 earnings per share. It is down 24.40% since November 3, 2016 and is uptrending. It has outperformed by 7.70% the S&P500.

Equinix Inc (EQIX) now has a 50-day moving average of 457.65, the 200-day is at 425.12, and the 7-day is 463.78. (NASDAQ:EQIX). 6,700 were accumulated by Aristotle Cap Boston Lc. In the investing realm, using the moving average for technical equity analysis is still very popular among traders and investors. It was reported on Nov, 2 by Barchart.com.

Since May 8, 2017, it had 0 insider purchases, and 7 selling transactions for $8.57 million activity. $2.31 million worth of stock was sold by Smith Stephen M on Monday, May 15. Another trade for 1,000 shares valued at $440,993 was sold by TAYLOR KEITH D.

Equinix Inc. (NASDAQ:EQIX) has been assigned a consensus rating of "Buy" from the twenty ratings firms that are presently covering the firm. Another trade for 1,476 shares valued at $645,514 was sold by Campbell Michael Earl. 154 shares were sold by Meyers Charles J, worth $65,706.

Investors sentiment is 1.46 in Q2 2017. (NASDAQ:EQIX). Douglass Winthrop Advsr Limited Liability Corp has invested 0.02% in Equinix, Inc. 1,500 are owned by Clinton Grp. Checchi Cap Advisers Ltd Liability invested in 640 shares. Adelante Capital Mgmt Llc reported 141,076 shares. Garland Capital Mngmt holds 28,705 shares. Birch Hill Inv Advsrs Ltd invested 0.29% in 3M Co (NYSE:MMM). (NASDAQ:EQIX) or 5,348 shares. Lombard Odier Asset Mgmt (Switzerland) holds 0.07% or 2,911 shares. Tru Of Toledo Na Oh reported 0.61% in 3M Co (NYSE:MMM). Next Group has invested 0% in Equinix, Inc. Ifc Incorporated Fl invested in 0.04% or 1,220 shares.

Amid the topmost stocks in today's market is Equinix, Inc. Therefore 91% are positive. Oppenheimer has "Outperform" rating and $500 target. They issued a buy rating and a $550.00 target price for the company. Equinix had 52 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has "Buy" rating by Stifel Nicolaus given on Tuesday, January 5. Equinix Inc now has $38.09 billion valuation. The firm earned "Buy" rating on Thursday, September 7 by Jefferies. The rating was upgraded by Citigroup on Monday, March 13 to "Buy". Stifel Nicolaus restated a buy rating and issued a $497.00 target price (up from $485.00) on shares of Equinix in a research report on Thursday, August 3rd. Integrated Investment Consultants LLC now owns 284 shares of the company's stock valued at $110,000 after buying an additional 15 shares in the last quarter.

Among 23 analysts covering Equinix (NASDAQ:EQIX), 21 have Buy rating, 0 Sell and 2 Hold. (NASDAQ:EQIX) on Thursday, November 2 to "Buy" rating. The stock of Equinix, Inc. SunTrust maintained the shares of EQIX in report on Thursday, October 12 with "Buy" rating. The stock has a market capitalization of $26.01 billion, a PE ratio of 361.24 and a beta of 0.79. (NASDAQ:EQIX) has "Hold" rating given on Monday, July 3 by Jefferies. Canaccord Genuity maintained Equinix, Inc. Three analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. Therefore 50% are positive. Deutsche Bank maintained the shares of CI in report on Thursday, July 13 with "Buy" rating. As per Tuesday, October 31, the company rating was maintained by Piper Jaffray. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory. On Wednesday, June 7 the stock rating was initiated by Morgan Stanley with "Overweight". 131 funds opened positions while 449 raised stakes. 217.98 million shares or 0.25% less from 218.52 million shares in 2017Q1 were reported. Point72 Asia Hong Kong Ltd boosted its stake in shares of Equinix by 47.4% in the first quarter. Fairpointe Capital Llc owns 3.38 million shares or 2.43% of their USA portfolio. Next Group Incorporated reported 234 shares stake. First Midwest Bancshares Trust Division has invested 0.04% in CIGNA Corporation (NYSE:CI). Century Limited Liability invested 0.9% in Equinix, Inc. The financial services provider reported $3.63 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.39 by $2.24.



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