NewJersey Resources Corporation (NJR) Social Stream



NewJersey Resources Corporation (NJR): $41.55

0.27 (+0.65%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

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Industry: Utilities - Domestic

Industry

F

Ranked

#20 of 63

in industry

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.

Is NJR a Buy, Hold or Sell? See the POWR Ratings now!


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