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Analysts’ Opinions Are Mixed on These Energy Stocks: Equinor ASA (EQNR) and North American Construction Group (NOA)

Tipranks - Thu Feb 5, 11:46PM CST

Analysts have been eager to weigh in on the Energy sector with new ratings on Equinor ASA (EQNRResearch Report) and North American Construction Group (NOAResearch Report).

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Equinor ASA (EQNR)

TD Cowen analyst Jason Gabelman maintained a Hold rating on Equinor ASA today and set a price target of $25.00. The company’s shares closed last Wednesday at $26.79.

According to TipRanks.com, Gabelman is a 4-star analyst with an average return of 5.9% and a 57.0% success rate. Gabelman covers the NA sector, focusing on stocks such as Enterprise Products Partners, HF Sinclair Corporation, and Par Pacific Holdings. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Equinor ASA with a $24.78 average price target, implying a -4.9% downside from current levels. In a report issued on January 30, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $29.00 price target.

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North American Construction Group (NOA)

Roth MKM analyst Joseph Reagor initiated coverage with a Buy rating on North American Construction Group today and set a price target of $25.00. The company’s shares closed last Wednesday at $15.18, close to its 52-week low of $15.09.

According to TipRanks.com, Reagor is a 5-star analyst with an average return of 30.5% and a 55.7% success rate. Reagor covers the Basic Materials sector, focusing on stocks such as Anglogold Ashanti PLC, Hecla Mining Company, and Brazil Potash Corp. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for North American Construction Group with a $19.19 average price target.

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