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Essential Utilities
WTRGNYSE
Essential Utilities (NYSE:WTRG) Stock, Analyst Ratings, Price Targets, Forecasts
Essential Utilities Inc has a consensus price target of $48.8 based on the ratings of 11 analysts. The high is $57 issued by HSBC on August 18, 2022. The low is $42 issued by Evercore ISI Group on March 4, 2024. The 3 most-recent analyst ratings were released by Baird, Evercore ISI Group, and UBS on May 6, 2024, March 4, 2024, and October 4, 2023, respectively. With an average price target of $43.33 between Baird, Evercore ISI Group, and UBS, there's an implied 5.51% upside for Essential Utilities Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Baird
Evercore ISI Group
UBS
Northcoast Research
Wells Fargo
1calculated from analyst ratings
Analyst Ratings for Essential Utilities
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/06/2024 | Buy Now | 4.7% | Baird | Ben Kallo | $44 → $43 | Maintains | Outperform | Get Alert |
| 03/04/2024 | Buy Now | 2.26% | Evercore ISI Group | Durgesh Chopra | $51 → $42 | Maintains | Outperform | Get Alert |
| 11/03/2023 | Buy Now | — | Edward Jones | Mike Doyle | — | Upgrade | Hold → Buy | Get Alert |
| 10/04/2023 | Buy Now | 9.57% | UBS | Gregg Orrill | $46 → $45 | Maintains | Buy | Get Alert |
| 09/28/2023 | Buy Now | 2.26% | Northcoast Research | Ryan Connors | → $42 | Upgrade | Neutral → Buy | Get Alert |
| 05/18/2023 | Buy Now | — | Northcoast Research | Ryan Connors | — | Downgrade | Buy → Neutral | Get Alert |
| 05/10/2023 | Buy Now | 21.74% | Wells Fargo | Jonathan Reeder | $52 → $50 | Maintains | Overweight | Get Alert |
| 03/16/2023 | Buy Now | 31.48% | RBC Capital | Shelby Tucker | → $54 | Reiterates | → Outperform | Get Alert |
| 02/28/2023 | Buy Now | 26.61% | Wells Fargo | Jonathan Reeder | $53 → $52 | Maintains | Overweight | Get Alert |
| 02/06/2023 | Buy Now | 33.92% | UBS | Gregg Orrill | → $55 | Upgrade | Neutral → Buy | Get Alert |
| 11/29/2022 | Buy Now | 26.61% | UBS | Joseph Parkhill | $45 → $52 | Maintains | Neutral | Get Alert |
| 09/09/2022 | Buy Now | 26.61% | B of A Securities | Ryan Greenwald | → $52 | Downgrade | Buy → Neutral | Get Alert |
| 08/18/2022 | Buy Now | 38.79% | HSBC | Verity Mitchell | $53 → $57 | Upgrade | Hold → Buy | Get Alert |
| 08/05/2022 | Buy Now | 31.48% | Baird | Ben Kallo | $50 → $54 | Maintains | Outperform | Get Alert |
| 07/18/2022 | Buy Now | 24.18% | Barclays | Eric Beaumont | $54 → $51 | Maintains | Overweight | Get Alert |
| 05/10/2022 | Buy Now | 21.74% | Baird | Ben Kallo | $53 → $50 | Maintains | Outperform | Get Alert |
| 04/19/2022 | Buy Now | 29.05% | Wells Fargo | Jonathan Reeder | $50 → $53 | Maintains | Overweight | Get Alert |
| 04/08/2022 | Buy Now | 29.05% | HSBC | Verity Mitchell | → $53 | Downgrade | Buy → Hold | Get Alert |
| 03/15/2022 | Buy Now | 26.61% | Barclays | Eric Beaumont | $51 → $52 | Maintains | Overweight | Get Alert |
| 03/10/2022 | Buy Now | 29.05% | Evercore ISI Group | Durgesh Chopra | $52 → $53 | Upgrade | In-Line → Outperform | Get Alert |
| 12/08/2021 | Buy Now | 36.35% | Barclays | Eric Beaumont | — | Upgrade | Equal-Weight → Overweight | Get Alert |
FAQ
What is the target price for Essential Utilities (WTRG) stock?
The latest price target for Essential Utilities (NYSE:WTRG) was reported by Baird on May 6, 2024. The analyst firm set a price target for $43.00 expecting WTRG to rise to within 12 months (a possible 4.70% upside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Essential Utilities (WTRG)?
The latest analyst rating for Essential Utilities (NYSE:WTRG) was provided by Baird, and Essential Utilities maintained their outperform rating.
When was the last upgrade for Essential Utilities (WTRG)?
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.
When was the last downgrade for Essential Utilities (WTRG)?
The last downgrade for Essential Utilities Inc happened on May 18, 2023 when Northcoast Research changed their price target from N/A to N/A for Essential Utilities Inc.
When is the next analyst rating going to be posted or updated for Essential Utilities (WTRG)?
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 May 6, 2024 so you should expect the next rating to be made available sometime around May 6, 2025.
Is the Analyst Rating Essential Utilities (WTRG) correct?
While ratings are subjective and will change, the latest Essential Utilities (WTRG) rating was a maintained with a price target of $44.00 to $43.00. The current price Essential Utilities (WTRG) is trading at is $41.07, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.