Equinor ASA (NYSE:EQNR – Get Free Report) had its price objective dropped by TD Cowen from $42.00 to $37.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. TD Cowen’s price target would indicate a potential upside of 17.83% from the company’s previous close.
Several other research analysts have also recently weighed in on EQNR. Pareto Securities cut Equinor ASA from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 27th. Rothschild & Co Redburn raised Equinor ASA from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 9th. UBS Group upgraded Equinor ASA from a “sell” rating to a “neutral” rating in a report on Friday, March 20th. Wall Street Zen raised Equinor ASA from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Morgan Stanley raised Equinor ASA from an “underweight” rating to an “equal weight” rating and set a $40.40 target price for the company in a research report on Tuesday, March 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Equinor ASA presently has a consensus rating of “Hold” and an average target price of $38.70.
Read Our Latest Research Report on Equinor ASA
Equinor ASA Stock Up 1.2%
Equinor ASA (NYSE:EQNR – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.47. The company had revenue of $28.40 billion during the quarter, compared to analyst estimates of $28.73 billion. Equinor ASA had a net margin of 5.30% and a return on equity of 20.01%. As a group, sell-side analysts expect that Equinor ASA will post 5.01 earnings per share for the current fiscal year.
Institutional Trading of Equinor ASA
Several institutional investors have recently made changes to their positions in the business. Cassaday & Co Wealth Management LLC bought a new stake in Equinor ASA in the 1st quarter valued at $35,000. Assetmark Inc. increased its stake in Equinor ASA by 130.2% in the 1st quarter. Assetmark Inc. now owns 1,036 shares of the company’s stock worth $44,000 after acquiring an additional 586 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of Equinor ASA by 1,794.0% during the 4th quarter. UMB Bank n.a. now owns 1,269 shares of the company’s stock worth $30,000 after acquiring an additional 1,202 shares in the last quarter. Global Retirement Partners LLC raised its holdings in shares of Equinor ASA by 86.2% during the 4th quarter. Global Retirement Partners LLC now owns 1,318 shares of the company’s stock worth $31,000 after acquiring an additional 610 shares in the last quarter. Finally, McIlrath & Eck LLC bought a new position in shares of Equinor ASA during the 2nd quarter valued at approximately $36,000. Hedge funds and other institutional investors own 5.51% of the company’s stock.
Equinor ASA Company Profile
Equinor ASA (NYSE: EQNR) is a Norway-based integrated energy company headquartered in Stavanger. Historically established as Statoil in the 1970s to develop Norway’s petroleum resources, the company changed its name to Equinor in 2018 to reflect a strategic shift toward a broader energy portfolio. Equinor’s operations span the full upstream value chain, including exploration, development and production of oil and natural gas, alongside trading and marketing activities that support its global commercial operations.
In recent years Equinor has pursued a transition strategy that combines continued development of conventional oil and gas resources with growing investments in low‑carbon energy.
See Also
- Five stocks we like better than Equinor ASA
- Gold’s 2026 Rally Has Cracked—Is It Time to Buy the Pullback?
- 5 Tech Stocks to Buy on the July Pullback
- Is OpenAI’s IPO Delay a Warning for AI Investors?
- onsemi: What the Market Gets Wrong, You Can Get Right
Receive News & Ratings for Equinor ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equinor ASA and related companies with MarketBeat.com's FREE daily email newsletter.
