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This Week’s Stock Picks & BNN Top Picks Summary: MCY-N, MEG-T and 20 Stock and 4 ETF Top Picks (Mar 07-13)This summary was created by AI, based on 4 opinions in the last 12 months.
Equinor ASA (EQNR), a Norwegian energy producer focused on the North Sea, has garnered strong recommendations from analysts. They highlight the critical importance of energy security in Europe, particularly emphasizing the expected increase in LNG cargoes due to the depletion of reserves. With robust earnings metrics, such as a price-to-earnings ratio of 7x and a return on equity around 20%, EQNR appears well positioned for future growth. The company is actively using its cash reserves for share buybacks and debt retirement, which is viewed favorably. The stock's current yield, ranging from 4.8% to 6.1%, is backed by a low payout ratio, enhancing its appeal to investors. Overall, the stock presents significant upside potential amidst an evolving energy landscape.
Doesn't care for this sector. It doesn't offer the upside it did years ago.
Equinor ASA is a American stock, trading under the symbol EQNR-N on the New York Stock Exchange (EQNR). It is usually referred to as NYSE:EQNR or EQNR-N
In the last year, 1 stock analyst published opinions about EQNR-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Equinor ASA.
Equinor ASA was recommended as a Top Pick by on . Read the latest stock experts ratings for Equinor ASA.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Equinor ASA In the last year. It is a trending stock that is worth watching.
On 2025-03-24, Equinor ASA (EQNR-N) stock closed at a price of $25.54.
We reiterate this Norwegian based North Sea energy producer as a TOP PICK. The importance of energy security in Europe has never been greater and EQNR is well positioned. It trades at 7x earnings, under 2x book and supports a 20% ROE. Management is prudently using cash reserves to aggressively buy back shares and retire debt. We recommend maintaining a tight stop at $22, looking to achieve $29 — upside potential over 20%. Yield 4.8%
(Analysts’ price target is $28.72)