Equinor ASA (NYSE:EQNR) has been given an average rating of “Hold” by the seventeen brokerages that are presently covering the firm, MarketBeat reports. Ten research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $21.54.
EQNR has been the topic of several analyst reports. Danske lowered Equinor ASA from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. JPMorgan Chase & Co. upgraded Equinor ASA from a “neutral” rating to an “overweight” rating in a report on Friday. Credit Suisse Group upgraded Equinor ASA from an “underperform” rating to an “outperform” rating in a report on Wednesday, September 4th. DZ Bank upgraded Equinor ASA from a “hold” rating to a “buy” rating in a report on Friday, September 6th. Finally, ValuEngine upgraded Equinor ASA from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd.
Shares of EQNR stock traded down $0.38 on Thursday, hitting $18.28. 3,252,228 shares of the stock were exchanged, compared to its average volume of 1,718,470. The company has a current ratio of 1.32, a quick ratio of 1.18 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $62.57 billion, a P/E ratio of 9.05 and a beta of 1.01. The business has a 50-day moving average of $19.00 and a 200 day moving average of $18.79. Equinor ASA has a fifty-two week low of $16.24 and a fifty-two week high of $23.97.
Equinor ASA Company Profile
Equinor ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. The company operates through Development & Production Norway; Development & Production Brazil; Development & Production International; Marketing, Midstream & Processing; New Energy Solutions; Technology, Projects & Drilling; Exploration; and Global Strategy & Business Development segments.
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