The latest price target for New Jersey Resources (NYSE:NJR) was reported by JP Morgan on December 12, 2024. The analyst firm set a price target for $54.00 expecting NJR to rise to within 12 months (a possible 16.10% upside). 7 analyst firms have reported ratings in the last year.

The latest analyst rating for New Jersey Resources (NYSE:NJR) was provided by JP Morgan, and New Jersey Resources upgraded their overweight rating.

The last upgrade for New Jersey Resources Corp happened on December 12, 2024 when JP Morgan raised their price target to $54. JP Morgan previously had a neutral for New Jersey Resources Corp.

The last downgrade for New Jersey Resources Corp happened on September 9, 2022 when JP Morgan changed their price target from $47 to $46 for New Jersey Resources Corp.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of New Jersey Resources, 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 New Jersey Resources was filed on December 12, 2024 so you should expect the next rating to be made available sometime around December 12, 2025.

While ratings are subjective and will change, the latest New Jersey Resources (NJR) rating was a upgraded with a price target of $52.00 to $54.00. The current price New Jersey Resources (NJR) is trading at is $46.51, which is out of the analyst’s predicted range.