BofA Adjusts PT on Equinor ASA (EQNR) to NOK 345 From NOK 260 – Here’s Why

1 week ago 9

Noor Ul Ain Rehman

Sun, March 15, 2026 astatine 1:49 PM CDT 2 min read

Equinor ASA (NYSE:EQNR) is 1 of the astir undervalued vigor stocks to bargain now. On March 13, BofA adjusted the terms people connected Equinor ASA (NYSE:EQNR) to NOK 345 from NOK 260 portion maintaining a Neutral standing connected the shares. Highlighting risks of a prolonged shutdown of the Strait of Hormuz, the steadfast stated that its commodities probe squad lifted lipid and state terms forecasts crossed 2026-27, driving higher terms targets crossed the stocks nether its sum successful the European lipid and state sector.

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In different development, Equinor ASA (NYSE:EQNR) announced connected March 11 that it entered into a bio-methanol statement with Wallenius Wilhelmsen, a marketplace person successful roll‑on/roll‑off (RoRo) shipping and conveyance logistics. Bio-methanol from Equinor ASA (NYSE:EQNR) volition soon substance ships bringing cars and machinery from points of accumulation to markets, with Wallenius Wilhelmsen utilizing the bio‑methanol arsenic bunker substance for its upcoming dual‑fuel methanol vessels.

The institution further stated that Wallenius Wilhelmsen volition person the bio-methanol bunkers astatine the Ports of Zeebrugge and Antwerp, with supplies commencing successful precocious 2026 and positioning the concern wrong cardinal European maritime hubs.

Equinor ASA (NYSE:EQNR) explores, transports, produces, refines, and markets petroleum and petroleum-derived products. The company’s operations are divided into the pursuing segments: Exploration and Production Norway, Exploration and Production International, Exploration and Production USA, Marketing, Midstream, Processing, Renewables, and Other.

While we admit the imaginable of EQNR arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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