Equinor ASA (Symbol: EQNR) shares recently crossed the average analyst 12-month target price of $25.66, trading at $25.92 per share. The change in share price prompts analysts to reconsider their evaluations, potentially downgrading or adjusting their target prices upward based on the company’s fundamentals.
The average target is based on six analysts, with individual targets ranging from a low of $19.00 to a high of $33.00 and a standard deviation of $4.77. Currently, the breakdown of analyst ratings includes 4 strong buys, 6 holds, and 4 strong sells, resulting in an average rating of 3.0 on a scale where 1 is a strong buy and 5 is a strong sell.
