NewJersey Resources Corporation (NJR) Social Stream
New Jersey Resources Corp (NJR) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering New Jersey Resources Corp.
| 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 | $46.08 | -3.97% |
| 2021-12-08 | 4 | $56 | $36 | $44.5 | $46.08 | -3.43% |
| 2022-01-05 | 5 | $56 | $36 | $44.6 | $46.08 | -3.21% |
| 2022-01-31 | 5 | $56 | $36 | $44.4 | $46.08 | -3.65% |
| 2022-03-04 | 5 | $56 | $37 | $45.2 | $46.08 | -1.91% |
| 2022-03-25 | 5 | $56 | $42 | $46.4 | $46.08 | 0.69% |
The Trend in the Analyst Price Target
NJR's average price target has moved up $3.07 over the prior 46 weeks.
NJR reports an average of 10.78% for its upside potential over the past 50 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-05-22 | 7 | 47 | 39 | 43.83 | 42.73 | 2.57% |
| 2021-06-13 | 7 | 50 | 39 | 44.50 | 44.15 | 0.79% |
| 2021-09-18 | 8 | 56 | 38 | 44.33 | 34.92 | 26.95% |
| 2022-01-31 | 5 | 56 | 37 | 44.60 | 40.21 | 10.92% |
| 2022-03-04 | 5 | 56 | 37 | 45.20 | 45.25 | -0.11% |
NJR Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.4 | 2 | 0 | 2 | 0 | 0 | 5 |
The Trend in the Broker Recommendations
Over the past 20 months, NJR's average broker recommendation rating improved by 0.2.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for NJR as an investment opportunity.
- In terms of how New Jersey Resources Corp fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is greater than 94.34% of that group.
- NJR has a lower variance in analysts' estimates than -636.03% of Utilities stocks.
- NJR has a higher number of analysts covering the stock than 143.59% of Utilities stocks.
- In terms of how New Jersey Resources Corp fares relative to Utilities stocks, note that its average analyst price target is greater than 254.44% of that group.
Stocks similar to New Jersey Resources Corp in the Utilities industry regarding analyst recommendations and price targets are NFG, NFE, and TAC.
Is NJR a Buy, Hold or Sell? See the POWR Ratings now!