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Barclays Remains a Sell on Equinor ASA (0M2Z)

Tipranks - Tue Jun 30, 3:00AM CDT

Barclays analyst Naisheng Cui maintained a Sell rating on Equinor ASA today and set a price target of NOK330.00.

End of Quarter Sale - 70% Off

According to TipRanks, Cui is ranked #4917 out of 12279 analysts.

In addition to Barclays, Equinor ASA also received a Sell from Goldman Sachs’s Michele Della Vigna in a report issued on June 17. However, on June 22, Berenberg Bank maintained a Hold rating on Equinor ASA (LSE: 0M2Z).

Based on Equinor ASA’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of NOK27.82 billion and a net profit of NOK3.11 billion. In comparison, last year the company earned a revenue of NOK31.03 billion and had a net profit of NOK2.77 billion

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