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Goldman Sachs Remains a Sell on Equinor ASA (0M2Z)

Tipranks - Tipranks - Fri May 8, 8:12AM CDT

In a report released today, Michele Della Vigna from Goldman Sachs maintained a Sell rating on Equinor ASA, with a price target of NOK300.00.

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According to TipRanks, Della Vigna is a 5-star analyst with an average return of 8.7% and a 66.86% success rate. Della Vigna covers the Energy sector, focusing on stocks such as BP p.l.c., Harbour Energy, and TotalEnergies SE.

In addition to Goldman Sachs, Equinor ASA also received a Sell from Barclays’s Naisheng Cui in a report issued today. However, on the same day, UBS maintained a Hold rating on Equinor ASA (LSE: 0M2Z).

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Based on Equinor ASA’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of NOK25.31 billion and a net profit of NOK1.31 billion. In comparison, last year the company earned a revenue of NOK25.7 billion and had a net profit of NOK1.93 billion

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