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Morgan Stanley Sticks to Their Hold Rating for Equinor ASA (0M2Z)

Tipranks - Wed May 13, 3:40PM CDT

In a report released today, Martijn Rats from Morgan Stanley maintained a Hold rating on Equinor ASA, with a price target of NOK376.00.

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According to TipRanks, Rats is a 3-star analyst with an average return of 3.1% and a 49.24% success rate. Rats covers the Energy sector, focusing on stocks such as Equinor ASA, Shell, and BP.

In addition to Morgan Stanley, Equinor ASA also received a Hold from UBS’s Henri Patricot in a report issued on May 7. However, yesterday, Banco Santander upgraded Equinor ASA (LSE: 0M2Z) to a Buy.

0M2Z market cap is currently NOK857.6B and has a P/E ratio of 8.71.

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