Equinox Gold (EQX) Stock Forecast & Price Target

C$7.48

+0.06 (+0.81%)

(As of 07/26/2024 ET)

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

Equinox Gold - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 1 Analyst Ratings

Based on 1 Wall Street analysts who have issued ratings for Equinox Gold in the last 12 months, the stock has a consensus rating of "Buy." Out of the 1 analysts, 1 has given a buy rating for EQX.

Consensus Price Target

N/A

According to the 1 analysts' twelve-month price targets for Equinox Gold,

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Buy	Buy	Buy	Strong Sell
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	0 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	C$4.85
Forecasted Upside	N/A	N/A	N/A	-2.81% Downside

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EQX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

EQX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Equinox Gold Stock vs. The Competition

Type	Equinox Gold	Basic Materials Companies
Consensus Rating Score	3.00	2.64
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Positive News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/26/2024	National Bank Financial 5 of 5 stars	M. Parkin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform Spec Overwgt ➝ Outperform Overweight
1/30/2024	Desjardins 1 of 5 stars	J. Sclodnick Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy
1/12/2023	CIBC 3 of 5 stars	Bryce Adams Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sell	C$4.20	-22.65%
10/24/2022	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Wayne Lam Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sell	C$5.50	+20.88%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:42 AM ET.

EQX Forecast - Frequently Asked Questions

Should I buy or sell Equinox Gold stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Equinox Gold in the last twelve months. There is currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EQX shares.
Do Wall Street analysts like Equinox Gold more than its competitors?: Analysts like Equinox Gold more than other "basic materials" companies. The consensus rating for Equinox Gold is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how EQX compares to other companies.