Equinox Gold Analysts Forecast Upside to $20.85, Range $18.25–$24.82
Equinox Gold closed last trading session at $16.42 and has gained 19.5% over four weeks. The mean analyst target of $20.85 implies 26.98% upside, with individual estimates ranging $18.25 to $24.82 and a standard deviation of $2.43.
1. Analyst Price Target Summary
Eleven analysts have set a short-term mean price target of $20.85 on Equinox Gold, suggesting 26.98% upside from the $16.42 closing price. These forecasts reflect aggregated views on the company’s near-term valuation potential.
2. Target Range and Agreement
Individual analyst estimates span from $18.25 to $24.82, indicating upside between 11.1% and 51.2%. A standard deviation of $2.43 highlights moderate agreement on the stock’s prospective price movement.
3. EPS Estimate Revisions
In the past 30 days, four EPS estimates for the current year have been revised upward and none downward, driving a 33.3% increase in the consensus earnings forecast. This trend supports optimism about upcoming quarterly results.
4. Zacks Rank Implications
Equinox Gold holds a Zacks Rank #1 (Strong Buy), placing it among the top 5% of over 4,000 ranked stocks and underscoring strong analyst confidence in its earnings and price momentum.