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Analysts Offer Insights on Energy Companies: Equinor ASA (EQNR) and Paladin Energy Ltd (OtherPALAF)

Tipranks - Mon Apr 20, 11:22PM CDT

Analysts fell to the sidelines weighing in on Equinor ASA (EQNR) and Paladin Energy Ltd (PALAF) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Equinor ASA (EQNR)

TD Cowen analyst Jason Gabelman maintained a Hold rating on Equinor ASA today and set a price target of $38.00. The company’s shares closed last Friday at $35.47.

According to TipRanks.com, Gabelman is a 5-star analyst with an average return of 12.2% and a 64.3% success rate. Gabelman covers the NA sector, focusing on stocks such as Enterprise Products Partners, HF Sinclair Corporation, and Par Pacific Holdings. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Equinor ASA with a $38.15 average price target, implying an 8.5% upside from current levels. In a report issued on April 9, Rothschild & Co Redburn also upgraded the stock to Hold with a $36.50 price target.

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Paladin Energy Ltd (PALAF)

Paladin Energy Ltd received a Hold rating and a A$13.55 price target from Macquarie analyst Mark Wiseman today. The company’s shares closed last Friday at $10.34.

According to TipRanks.com, Wiseman is a 4-star analyst with an average return of 19.0% and a 47.1% success rate. Wiseman covers the NA sector, focusing on stocks such as Karoon Energy Ltd, Amplitude Energy, and Santos Limited. ;'>

Currently, the analyst consensus on Paladin Energy Ltd is a Moderate Buy with an average price target of $9.55, implying a -4.7% downside from current levels. In a report issued on April 15, RBC Capital also maintained a Hold rating on the stock with a A$11.00 price target.

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