Equinor ASA (NYSE: EQNR) shares have surpassed the average analyst 12-month target price of $26.68, currently trading at $27.06 per share. This shift prompts analysts to either downgrade their ratings or adjust the price targets higher, reflecting significant business developments influencing the stock price.
The average target consists of six analyst contributions, with estimates ranging from $23 to $33, resulting in a standard deviation of $3.528. Currently, 3 analysts rate the stock as a strong buy, while 6 hold ratings and 5 maintain strong sell ratings, averaging a score of 3.29 on a scale where 1 is strong buy and 5 is strong sell.
