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Equinor ASA (0M2Z) Gets a Hold from Bank of America Securities

Tipranks - Tipranks - Sun Mar 15, 10:42AM CDT

Bank of America Securities analyst Christopher Kuplent maintained a Hold rating on Equinor ASA yesterday and set a price target of NOK345.00. The company’s shares closed yesterday at NOK338.90.

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According to TipRanks, Kuplent is a 3-star analyst with an average return of 1.7% and a 61.45% success rate. Kuplent covers the Energy sector, focusing on stocks such as TotalEnergies SE, Equinor ASA, and Shell (UK).

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Equinor ASA with a NOK252.64 average price target.

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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 NOK28.41 billion and a net profit of NOK1.31 billion. In comparison, last year the company earned a revenue of NOK26.54 billion and had a net profit of NOK2 billion

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