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Equinor ASA (0M2Z) Receives a Sell from Barclays

Tipranks - Tipranks - Fri Feb 6, 3:46AM CST

Barclays analyst Naisheng Cui maintained a Sell rating on Equinor ASA today and set a price target of NOK230.00.

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Cui covers the Energy sector, focusing on stocks such as Equinor ASA, GALP Energia SGPS, and Neste Corporation. According to TipRanks, Cui has an average return of 1.6% and a 50.00% success rate on recommended stocks.

In addition to Barclays, Equinor ASA also received a Sell from UBS’s Henri Patricot in a report issued today. However, on January 29, Danske Bank upgraded Equinor ASA (LSE: 0M2Z) to a Hold.

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Based on Equinor ASA’s latest earnings release for the quarter ending September 29, the company reported a quarterly revenue of NOK26.02 billion and a GAAP net loss of NOK210 million. In comparison, last year the company earned a revenue of NOK25.42 billion and had a net profit of NOK2.28 billion

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