NewJersey Resources Corporation (NJR) Social Stream
NEW JERSEY RESOURCES CORP (NJR) Price Targets From Analysts
Use the tables below to see what analysts covering NEW JERSEY RESOURCES CORP think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-19 | 4 | $56 | $36 | $44.25 | $42.95 | 3.03% |
| 2021-12-08 | 4 | $56 | $36 | $44.5 | $42.95 | 3.61% |
| 2022-01-05 | 5 | $56 | $36 | $44.6 | $42.95 | 3.84% |
| 2022-01-31 | 5 | $56 | $37 | $44.6 | $42.95 | 3.84% |
| 2022-03-04 | 5 | $56 | $37 | $45.2 | $42.95 | 5.24% |
| 2022-04-07 | 5 | $56 | $42 | $46.4 | $42.95 | 8.03% |
| 2022-04-14 | 5 | $56 | $42 | $46.8 | $42.95 | 8.96% |
| 2022-04-20 | 4 | $56 | $42 | $47.75 | $42.95 | 11.18% |
| 2022-05-06 | 4 | $56 | $45 | $48.5 | $42.95 | 12.92% |
| 2022-05-12 | 4 | $56 | $45 | $48 | $42.95 | 11.76% |
| 2022-08-08 | 4 | $56 | $43 | $47 | $42.95 | 9.43% |
| 2022-08-13 | 5 | $56 | $43 | $47 | $42.95 | 9.43% |
| 2022-08-17 | 5 | $56 | $44 | $47.6 | $42.95 | 10.83% |
| 2022-09-06 | 5 | $56 | $45 | $48.2 | $42.95 | 12.22% |
| 2022-09-17 | 5 | $56 | $45 | $47.8 | $42.95 | 11.29% |
| 2022-10-19 | 5 | $56 | $41 | $46.6 | $42.95 | 8.5% |
| 2022-10-25 | 5 | $56 | $40 | $45.4 | $42.95 | 5.7% |
| 2022-11-18 | 5 | $59 | $40 | $47 | $42.95 | 9.43% |
| 2022-12-14 | 5 | $59 | $40 | $48.2 | $42.95 | 12.22% |
| 2023-01-26 | 5 | $59 | $45 | $49.2 | $42.95 | 14.55% |
| 2023-02-03 | 5 | $59 | $45 | $49.4 | $42.95 | 15.02% |
| 2023-02-07 | 5 | $59 | $45 | $50.4 | $42.95 | 17.35% |
| 2023-04-05 | 5 | $59 | $45 | $50 | $42.95 | 16.41% |
| 2023-04-17 | 5 | $59 | $45 | $50.8 | $42.95 | 18.28% |
| 2023-04-24 | 6 | $59 | $45 | $50.166 | $42.95 | 16.8% |
| 2023-06-06 | 6 | $60 | $45 | $50.333 | $42.95 | 17.19% |
| 2023-06-20 | 6 | $60 | $45 | $50.166 | $42.95 | 16.8% |
| 2023-08-04 | 6 | $60 | $45 | $49.833 | $42.95 | 16.03% |
| 2023-09-13 | 6 | $60 | $44 | $48.666 | $42.95 | 13.31% |
| 2023-09-21 | 6 | $60 | $45 | $49 | $42.95 | 14.09% |
| 2023-10-09 | 6 | $60 | $42 | $48.166 | $42.95 | 12.14% |
| 2023-10-17 | 6 | $60 | $42 | $47.833 | $42.95 | 11.37% |
| 2023-11-20 | 6 | $60 | $42 | $47.5 | $42.95 | 10.59% |
| 2023-12-05 | 6 | $55 | $42 | $46.666 | $42.95 | 8.65% |
The Trend in the Analyst Price Target
Over the past 24 months, NJR's average price target has gone up $2.17.
Over the past 45 weeks, NJR's average upside potential has been 4.28%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-03 | 5 | 59 | 45 | 49.400 | 53.13 | -7.02% |
| 2023-03-13 | 5 | 59 | 45 | 50.000 | 50.56 | -1.11% |
| 2023-04-05 | 5 | 59 | 45 | 50.000 | 54.72 | -8.63% |
| 2023-06-06 | 6 | 60 | 45 | 50.333 | 49.49 | 1.7% |
| 2023-09-13 | 6 | 60 | 44 | 48.666 | 42.93 | 13.36% |
NJR Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.83 | 1 | 0 | 4 | 0 | 0 | 6 |
The Trend in the Broker Recommendations
NJR's average broker recommendation rating worsened by 0.08 over the prior 17 months.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In terms of how NEW JERSEY RESOURCES CORP fares relative to all US stocks, note that its number of analysts covering the stock is greater than 822.26% of that group.
- NEW JERSEY RESOURCES CORP's upside potential (average analyst target price relative to current price) is greater than 1205.86% of Utilities stocks.
- NJR has a lower variance in analysts' estimates than -2445.76% of Utilities stocks.
- In the context of Utilities stocks, NEW JERSEY RESOURCES CORP's average analyst price target is higher than 1413.6% of them.
In the Utilities industry, NWN, NFG, and EE are the three stocks most similar to NEW JERSEY RESOURCES CORP regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
Is NJR a Buy, Hold or Sell? See the POWR Ratings now!