How Many Statoil ASA (NYSE:STO)’s Analysts Are Bullish?

April 17, 2018 - By Winifred Garcia

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Statoil ASA (NYSE:STO) Ratings Coverage

Among 10 analysts covering Statoil ASA (NYSE:STO), 2 have Buy rating, 1 Sell and 7 Hold. Therefore 20% are positive. Statoil ASA had 14 analyst reports since October 26, 2017 according to SRatingsIntel. The stock of Statoil ASA (NYSE:STO) has “Hold” rating given on Tuesday, November 7 by HSBC. The firm has “Neutral” rating by Citigroup given on Monday, October 30. Piper Jaffray maintained the stock with “Hold” rating in Thursday, October 26 report. The firm has “Hold” rating given on Monday, April 9 by Scotia Capital. The stock has “Hold” rating by UBS on Monday, March 26. As per Thursday, February 1, the company rating was upgraded by Goldman Sachs. The rating was downgraded by BMO Capital Markets on Tuesday, November 14 to “Market Perform”. Credit Suisse upgraded the shares of STO in report on Wednesday, January 24 to “Buy” rating. The firm earned “Hold” rating on Thursday, December 21 by Scotia Capital. As per Friday, February 9, the company rating was maintained by Piper Jaffray. Below is a list of Statoil ASA (NYSE:STO) latest ratings and price target changes.

09/04/2018 Broker: Scotia Capital Rating: Hold New Target: $25.0000 Maintain
29/03/2018 Broker: Citigroup Rating: Sell Downgrade
26/03/2018 Broker: UBS Rating: Hold Downgrade
13/02/2018 Broker: Morgan Stanley Rating: Hold Upgrade
09/02/2018 Broker: Piper Jaffray Rating: Hold New Target: $24.0 Maintain
01/02/2018 Broker: Goldman Sachs Rating: Hold Upgrade
23/01/2018 Broker: Piper Jaffray Rating: Hold New Target: $23.0 Maintain
24/01/2018 Broker: Credit Suisse Rating: Buy Upgrade
02/01/2018 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Upgrade
21/12/2017 Broker: Scotia Capital Rating: Hold New Target: $23.0 Maintain

The stock increased 0.22% or $0.055 during the last trading session, reaching $25.565. About 1.73M shares traded. Statoil ASA (NYSE:STO) has risen 40.08% since April 17, 2017 and is uptrending. It has outperformed by 28.53% the S&P500.

Statoil ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. The company has market cap of $86.02 billion. The firm operates through Development and Production Norway; Development and Production International; Marketing, Midstream and Processing; and Other divisions. It has a 18.26 P/E ratio. The firm also transports, processes, makes, markets, and trades gas and oil commodities, such as crude, condensate, gas liquids, products, natural gas, and liquefied natural gas ; markets and trades electricity and emission rights; and operates refineries, gas processing plants, LNG plant, methanol plant, and crude oil terminals.

Statoil ASA (NYSE:STO) Ratings Chart

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