Share on StockTwits
 

Several investment firms have updated their stock ratings and price targets on shares of Statoil (NYSE: STO) in the last week:

  • Statoil was upgraded by analysts at Howard Weil from a “sector outperform” rating to a “focus stock” rating. They now have a $31.00 price target on the stock.
  • Statoil was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating.
  • Statoil was downgraded by analysts at ABG Sundal Collier from a “buy” rating to a “hold” rating.
  • Statoil was downgraded by analysts at Nordea Equity Research from a “buy” rating to a “hold” rating.
  • Statoil was upgraded by analysts at Swedbank from a “neutral” rating to a “buy” rating.
  • Statoil was downgraded by analysts at Handelsbanken from an “accumulate” rating to a “reduce” rating.
  • Statoil was upgraded by analysts at SEB Equity Research to a “buy” rating.
  • Statoil was upgraded by analysts at S&P Equity Research from a “sell” rating to a “hold” rating.
  • Statoil was upgraded by analysts at Danske from a “hold” rating to a “buy” rating.
  • Statoil was upgraded by analysts at Seb Enskilda from a “hold” rating to a “buy” rating.

Statoil (NYSE:STO) opened at 25.67 on Wednesday. Statoil has a 52-week low of $20.02 and a 52-week high of $26.32. The stock’s 50-day moving average is $24.28 and its 200-day moving average is $23.00. The company has a market cap of $81.613 billion and a price-to-earnings ratio of 11.50.

Statoil ASA (NYSE:STO) is a Norway-based integrated energy company primarily engaged in oil and gas exploration and production activities.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.