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Equinor ASA (EQNR) Stock Forecast & Price Target

$26.14
-0.47 (-1.77%)
(As of 01:53 PM ET)

Equinor ASA - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 7 Wall Street analysts who have issued ratings for Equinor ASA in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 7 analysts, 2 have given a sell rating, 4 have given a hold rating, and 1 has given a buy rating for EQNR.

Consensus Price Target

$28.25
8.07% Upside
High Forecast$28.50
Average Forecast$28.25
Low Forecast$28.00

According to the 7 analysts' twelve-month price targets for Equinor ASA, the average price target is $28.25. The highest price target for EQNR is $28.50, while the lowest price target for EQNR is $28.00. The average price target represents a forecasted upside of 8.07% from the current price of $26.14.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Reduce
Reduce
Reduce
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
6 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
Sell
2 Sell rating(s)
3 Sell rating(s)
3 Sell rating(s)
4 Sell rating(s)
Consensus Price Target$28.25$28.25$28.25N/A
Forecasted Upside8.07% Upside7.46% Upside7.46% UpsideN/A
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EQNR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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EQNR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Equinor ASA Stock vs. The Competition

TypeEquinor ASAOils/Energy CompaniesS&P 500
Consensus Rating Score
1.86
2.56
2.51
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside7.70% Upside334.94% Upside9.33% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/10/2024TD Cowen
4 of 5 stars
 Lower TargetHold ➝ Hold$30.00 ➝ $28.00+4.36%
2/20/2024Morgan Stanley
3 of 5 stars
 UpgradeUnderweight ➝ Equal Weight$26.40 ➝ $28.50+11.94%
2/8/2024DZ Bank
4 of 5 stars
 DowngradeBuy ➝ Hold
12/19/2023Royal Bank of Canada
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 DowngradeOutperform ➝ Sector Perform
12/7/2023Bank of America
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 UpgradeNeutral ➝ Buy
11/29/2023Jefferies Financial Group
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 DowngradeHold ➝ Underperform
10/5/2023The Goldman Sachs Group
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 DowngradeNeutral ➝ Sell
7/19/2023Berenberg Bank
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 DowngradeHold ➝ Sell
4/4/2023BNP Paribas
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 DowngradeNeutral ➝ Underperform
3/30/2023Deutsche Bank Aktiengesellschaft
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James Hubbard
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UpgradeHold ➝ Buy
3/22/2023Societe Generale
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Yoann Charenton
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UpgradeHold ➝ Buy
2/9/2023Nordea Equity Research
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 UpgradeHold ➝ Buy
2/9/2023Pareto Securities
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 UpgradeHold ➝ Buy
1/19/2023JPMorgan Chase & Co.
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 DowngradeNeutral ➝ Underweight
1/6/2023DNB Markets
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 UpgradeHold ➝ Buy
1/3/2023Sanford C. Bernstein
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 UpgradeMarket Perform ➝ Outperform
12/1/2022HSBC
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 DowngradeBuy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 02:29 PM ET.

EQNR Forecast - Frequently Asked Questions

What is Equinor ASA's forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Equinor ASA is $28.25, with a high forecast of $28.50 and a low forecast of $28.00.

Should I buy or sell Equinor ASA stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Equinor ASA in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" EQNR shares.

Does Equinor ASA's stock price have much upside?

According to analysts, Equinor ASA's stock has a predicted upside of 8.05% based on their 12-month stock forecasts.

What analysts cover Equinor ASA?

Equinor ASA has been rated by research analysts at TD Cowen in the past 90 days.

Do Wall Street analysts like Equinor ASA more than its competitors?

Analysts like Equinor ASA less than other "oils/energy" companies. The consensus rating for Equinor ASA is Reduce while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how EQNR compares to other companies.


This page (NYSE:EQNR) was last updated on 7/23/2024 by MarketBeat.com Staff

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