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 | $49.92 | -11.36% |
| 2021-12-08 | 4 | $56 | $36 | $44.5 | $49.92 | -10.86% |
| 2022-01-05 | 5 | $56 | $36 | $44.6 | $49.92 | -10.66% |
| 2022-01-31 | 5 | $56 | $36 | $44.4 | $49.92 | -11.06% |
| 2022-03-04 | 5 | $56 | $37 | $45.2 | $49.92 | -9.46% |
| 2022-04-07 | 5 | $56 | $42 | $46.4 | $49.92 | -7.05% |
| 2022-04-14 | 5 | $56 | $42 | $46.8 | $49.92 | -6.25% |
| 2022-04-20 | 5 | $56 | $42 | $47.2 | $49.92 | -5.45% |
| 2022-05-06 | 4 | $56 | $45 | $48.5 | $49.92 | -2.84% |
| 2022-05-12 | 4 | $56 | $45 | $48 | $49.92 | -3.85% |
| 2022-08-08 | 4 | $56 | $43 | $47 | $49.92 | -5.85% |
| 2022-08-13 | 5 | $56 | $43 | $47 | $49.92 | -5.85% |
| 2022-08-17 | 5 | $56 | $44 | $47.6 | $49.92 | -4.65% |
| 2022-09-06 | 5 | $56 | $45 | $48.2 | $49.92 | -3.45% |
| 2022-09-17 | 5 | $56 | $45 | $47.8 | $49.92 | -4.25% |
| 2022-10-19 | 5 | $56 | $41 | $46.6 | $49.92 | -6.65% |
| 2022-10-25 | 5 | $56 | $40 | $45.4 | $49.92 | -9.05% |
| 2022-11-18 | 5 | $56 | $40 | $46.4 | $49.92 | -7.05% |
| 2022-12-14 | 5 | $59 | $40 | $48.2 | $49.92 | -3.45% |
| 2023-01-09 | 5 | $59 | $45 | $49.4 | $49.92 | -1.04% |
| 2023-01-26 | 5 | $59 | $45 | $49.2 | $49.92 | -1.44% |
The Trend in the Analyst Price Target
Over the past 23 months, NJR's average price target has gone up $8.7.
Over the past 47 weeks, NJR's average upside potential has been 3.33%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-03-25 | 5 | 56 | 42 | 46.40 | 45.52 | 1.93% |
| 2022-04-20 | 5 | 56 | 42 | 47.75 | 46.79 | 2.05% |
| 2022-08-17 | 5 | 56 | 44 | 47.60 | 47.07 | 1.13% |
| 2022-09-06 | 5 | 56 | 45 | 48.20 | 44.65 | 7.95% |
| 2022-09-13 | 5 | 56 | 45 | 47.80 | 44.04 | 8.54% |
NJR Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 3.2 | 1 | 0 | 2 | 1 | 1 | 5 |
The Trend in the Broker Recommendations
NJR's average broker recommendation rating worsened by 0.95 over the prior 14 months.
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.
- NJR has a greater upside potential (average analyst target price relative to current price) than 236.12% of all US stocks.
- NEW JERSEY RESOURCES CORP's number of analysts covering the stock is higher than 400.28% of Utilities stocks.
- NEW JERSEY RESOURCES CORP's variance in analysts' estimates is lower than -1737.99% of Utilities stocks.
- To contextualize these metrics, consider that out of Utilities stocks, NEW JERSEY RESOURCES CORP's average analyst price target is higher than 862.91% of them.
Stocks similar to NEW JERSEY RESOURCES CORP in the Utilities industry regarding analyst recommendations and price targets are SJI, NWN, and NFG.
View All Top Stocks by Price Target
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