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Northern Oil & Gas Inc has a consensus price target of $46.71 based on the ratings of 14 analysts. The high is $55 issued by Stifel on April 23, 2024. The low is $35 issued by Wells Fargo on July 11, 2022. The 3 most-recent analyst ratings were released by Piper Sandler, Mizuho, and Truist Securities on December 17, 2024, December 16, 2024, and December 13, 2024, respectively. With an average price target of $45.33 between Piper Sandler, Mizuho, and Truist Securities, there's an implied 27.45% upside for Northern Oil & Gas Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Northern Oil & Gas (NYSE:NOG) was reported by Piper Sandler on December 17, 2024. The analyst firm set a price target for $37.00 expecting NOG to rise to within 12 months (a possible 4.02% upside). 34 analyst firms have reported ratings in the last year.
The latest analyst rating for Northern Oil & Gas (NYSE:NOG) was provided by Piper Sandler, and Northern Oil & Gas maintained their neutral rating.
The last upgrade for Northern Oil & Gas Inc happened on March 15, 2022 when Johnson Rice raised their price target to $50. Johnson Rice previously had an accumulate for Northern Oil & Gas Inc.
The last downgrade for Northern Oil & Gas Inc happened on December 16, 2024 when Mizuho changed their price target from $47 to $47 for Northern Oil & Gas Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Northern Oil & Gas, 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 Northern Oil & Gas was filed on December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest Northern Oil & Gas (NOG) rating was a maintained with a price target of $41.00 to $37.00. The current price Northern Oil & Gas (NOG) is trading at is $35.57, which is out of the analyst’s predicted range.
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