New Jersey Resources Corp (NJR) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering NJR.
| Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|
| 6 | $50 | $39 | $43.83 | $39.51 | 10.93% |
The Trend in the Analyst Price Target
NJR's average price target has moved up $5.08 over the prior 14 months.
NJR reports an average of 5.23% for its upside potential over the past 14 months.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-07-10 | 6 | 50 | 39 | 43.83 | 40.18 | 9.08% |
| 2021-07-03 | 6 | 50 | 39 | 43.83 | 40.06 | 9.41% |
| 2021-06-26 | 6 | 50 | 39 | 43.83 | 40.18 | 9.08% |
| 2021-06-13 | 6 | 50 | 39 | 44.50 | 44.15 | 0.79% |
| 2021-06-05 | 6 | 50 | 39 | 44.50 | 43.67 | 1.9% |
| 2021-05-22 | 6 | 47 | 39 | 43.83 | 42.73 | 2.57% |
| 2021-05-15 | 6 | 47 | 39 | 43.83 | 43.17 | 1.53% |
| 2021-05-08 | 6 | 45 | 39 | 43.33 | 43.51 | -0.41% |
| 2021-04-25 | 6 | 45 | 37 | 42.33 | 42.86 | -1.24% |
| 2021-04-17 | 6 | 45 | 37 | 41.50 | 42.11 | -1.45% |
| 2021-04-10 | 6 | 45 | 37 | 41.50 | 40.81 | 1.69% |
| 2021-04-03 | 6 | 45 | 37 | 41.50 | 39.93 | 3.93% |
| 2021-03-20 | 6 | 45 | 37 | 41.50 | 41.61 | -0.26% |
| 2021-03-13 | 6 | 45 | 37 | 40.50 | 41.48 | -2.36% |
| 2021-03-06 | 6 | 45 | 37 | 40.50 | 40.22 | 0.7% |
| 2021-02-27 | 6 | 45 | 37 | 40.50 | 39.29 | 3.08% |
| 2021-02-20 | 6 | 45 | 37 | 40.50 | 39.60 | 2.27% |
| 2021-02-13 | 6 | 45 | 37 | 40.50 | 36.62 | 10.6% |
| 2021-02-06 | 6 | 45 | 37 | 40.17 | 36.62 | 9.69% |
| 2021-01-30 | 6 | 44 | 28 | 37.50 | 35.01 | 7.11% |
| 2021-01-23 | 5 | 42 | 28 | 35.20 | 35.43 | -0.65% |
| 2021-01-16 | 5 | 42 | 28 | 35.20 | 37.73 | -6.71% |
| 2021-01-09 | 5 | 42 | 28 | 35.20 | 35.44 | -0.68% |
| 2021-01-02 | 5 | 42 | 28 | 34.80 | 35.55 | -2.11% |
| 2020-12-26 | 5 | 42 | 28 | 34.80 | 35.14 | -0.97% |
| 2020-12-19 | 5 | 42 | 28 | 34.80 | 34.65 | 0.43% |
| 2020-12-09 | 5 | 42 | 28 | 34.60 | 33.25 | 4.06% |
| 2020-12-07 | 5 | 42 | 28 | 34.60 | 33.33 | 3.81% |
| 2020-10-23 | 5 | 53 | 28 | 35.20 | 29.55 | 19.12% |
| 2020-09-23 | 5 | 53 | 29 | 36.20 | 26.28 | 37.75% |
| 2020-08-10 | 5 | 53 | 29 | 37.40 | 32.97 | 13.44% |
| 2020-08-03 | 5 | 53 | 28 | 36.80 | 30.80 | 19.48% |
| 2020-07-22 | 5 | 53 | 28 | 37.80 | 32.04 | 17.98% |
| 2020-07-05 | 4 | 53 | 31 | 38.75 | NA | NA% |
| 2020-05-08 | 4 | 53 | 31 | 38.75 | NA | NA% |
NJR Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.62 | 3 | 1 | 3 | 0 | 0 | 8 |
The Trend in the Broker Recommendations
Over the past 39 weeks, NJR's average broker recommendation rating worsened by 0.08.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- The upside potential (average analyst target price relative to current price) of NJR is greater than 36.29% of all US stocks.
- The average analyst price target of NJR is higher than 61.95% of all US stocks.
- NJR has a greater number of analysts covering the stock than 32.77% of Utilities stocks.
- New Jersey Resources Corp's variance in analysts' estimates is lower than 59.9% of stocks in the mid market cap category.
In terms of price targets and recommendations offered by analysts, the stocks in the Utilities industry with the ratings most similar to New Jersey Resources Corp are NWE, ORA and LNT.
Is NJR a Buy, Hold or Sell? See the POWR Ratings now!