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Equinor ASA (0M2Z) Receives a Sell from Barclays

Tipranks - Tipranks - Wed Mar 18, 4:39AM CDT

In a report released today, Naisheng Cui from Barclays maintained a Sell rating on Equinor ASA, with a price target of NOK330.00.

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According to TipRanks, Cui is a 3-star analyst with an average return of 5.0% and a 56.41% success rate. Cui covers the Energy sector, focusing on stocks such as Repsol, Equinor ASA, and Neste Corporation.

In addition to Barclays, Equinor ASA also received a Sell from Goldman Sachs’s Michele Della Vigna in a report issued on March 13. However, on the same day, Bank of America Securities 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 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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