MDU Resources Group Inc has a consensus price target of $23.33 based on the ratings of 3 analysts. The high is $30 issued by Argus Research on May 20, 2024. The low is $17 issued by B of A Securities on November 5, 2024. The 3 most-recent analyst ratings were released by B of A Securities, B of A Securities, and Argus Research on November 5, 2024, October 21, 2024, and May 20, 2024, respectively. With an average price target of $26 between B of A Securities, B of A Securities, and Argus Research, there's an implied 42.47% upside for MDU Resources Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for MDU Resources Gr (NYSE:MDU) was reported by B of A Securities on November 5, 2024. The analyst firm set a price target for $17.00 expecting MDU to fall to within 12 months (a possible -6.85% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for MDU Resources Gr (NYSE:MDU) was provided by B of A Securities, and MDU Resources Gr upgraded their buy rating.
The last upgrade for MDU Resources Group Inc happened on November 5, 2024 when B of A Securities raised their price target to $17. B of A Securities previously had a neutral for MDU Resources Group Inc.
The last downgrade for MDU Resources Group Inc happened on October 21, 2024 when B of A Securities changed their price target from $30 to $31 for MDU Resources Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MDU Resources Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MDU Resources Gr was filed on November 5, 2024 so you should expect the next rating to be made available sometime around November 5, 2025.
While ratings are subjective and will change, the latest MDU Resources Gr (MDU) rating was a upgraded with a price target of $31.00 to $17.00. The current price MDU Resources Gr (MDU) is trading at is $18.25, which is out of the analyst’s predicted range.
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