Essential Utilities Inc has a consensus price target of $47.75 based on the ratings of 13 analysts. The high is $57 issued by HSBC on August 18, 2022. The low is $41 issued by Jefferies on November 7, 2024. The 3 most-recent analyst ratings were released by Jefferies, Baird, and Wells Fargo on November 7, 2024, November 6, 2024, and November 5, 2024, respectively. With an average price target of $43.33 between Jefferies, Baird, and Wells Fargo, there's an implied 16.52% upside for Essential Utilities Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Essential Utilities (NYSE:WTRG) was reported by Jefferies on November 7, 2024. The analyst firm set a price target for $41.00 expecting WTRG to rise to within 12 months (a possible 10.25% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Essential Utilities (NYSE:WTRG) was provided by Jefferies, and Essential Utilities downgraded their hold rating.
The last upgrade for Essential Utilities Inc happened on November 3, 2023 when Edward Jones raised their price target to N/A. Edward Jones previously had a hold for Essential Utilities Inc.
The last downgrade for Essential Utilities Inc happened on November 7, 2024 when Jefferies changed their price target from $44 to $41 for Essential Utilities Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Essential Utilities, 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 Essential Utilities was filed on November 7, 2024 so you should expect the next rating to be made available sometime around November 7, 2025.
While ratings are subjective and will change, the latest Essential Utilities (WTRG) rating was a downgraded with a price target of $44.00 to $41.00. The current price Essential Utilities (WTRG) is trading at is $37.19, which is out of the analyst’s predicted range.
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