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New Jersey Resources Corporation (NJR)
NYSE:NJR
NJR Analyst Ratings
Moderate Buy
1 Buy
1 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
NJR Stock 12 Month Forecast
Average Price Target
$52.00
▲(13.31% Upside)
| Highest Price Target$53.00 | Average Price Target$52.00 | Lowest Price Target$51.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
Raymond James
$53
Buy
15.49%
Upside
Reiterated
11/20/25
Strong Financial Performance and Growth Potential Drive Buy Rating for New Jersey ResourcesWeston, CFA | (713) 278-5276 | 4Q25 FY25 Lands Near Street, FY26 Guide in Line, and Growth Trajectory Firms; TP to $53 RECOMMENDATION We’re constructive on NJR’s ability to differentiate itself among steadier gas utilities through its core NJNG utility, along with regulated midstream assets, and key unregulated businesses (e.g., commercial solar (CEV), trading/marketing). While this business mix does have its doubters, NJR has consistently performed well and runs a quality financial model - operating at a peer-leading 18-20% FFO-to-debt ratio and regularly funding capex without material dilution. Moreover, F4Q25 updates suggest growth is firming (e.g., ongoing NJNG spend, Leaf River expansions in time, firming CEV pipeline). We reiterate our Outperform rating.
Mizuho Securities
$50→$51
Hold
11.14%
Upside
Reiterated
09/18/25
J.P. Morgan
$51→$52
Buy
13.31%
Upside
Reiterated
07/16/25
Wells Fargo
$51→$53
Hold
15.49%
Upside
Reiterated
05/06/25
Jefferies
$51
Hold
11.14%
Upside
Initiated
04/01/25
Analyst Type
Any
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Raymond James
$53
Buy
15.49%
Upside
Reiterated
11/20/25
Strong Financial Performance and Growth Potential Drive Buy Rating for New Jersey ResourcesWeston, CFA | (713) 278-5276 | 4Q25 FY25 Lands Near Street, FY26 Guide in Line, and Growth Trajectory Firms; TP to $53 RECOMMENDATION We’re constructive on NJR’s ability to differentiate itself among steadier gas utilities through its core NJNG utility, along with regulated midstream assets, and key unregulated businesses (e.g., commercial solar (CEV), trading/marketing). While this business mix does have its doubters, NJR has consistently performed well and runs a quality financial model - operating at a peer-leading 18-20% FFO-to-debt ratio and regularly funding capex without material dilution. Moreover, F4Q25 updates suggest growth is firming (e.g., ongoing NJNG spend, Leaf River expansions in time, firming CEV pipeline). We reiterate our Outperform rating.
Mizuho Securities
$50→$51
Hold
11.14%
Upside
Reiterated
09/18/25
J.P. Morgan
$51→$52
Buy
13.31%
Upside
Reiterated
07/16/25
Wells Fargo
$51→$53
Hold
15.49%
Upside
Reiterated
05/06/25
Jefferies
$51
Hold
11.14%
Upside
Initiated
04/01/25
Best Analysts Covering New Jersey Resources
1 Month
xxx
Success Rate
6/10 ratings generated profit
Average Return
+1.41%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 60.00% of your transactions generating a profit, with an average return of +1.41% per trade.
3 Months
xxx
Success Rate
6/10 ratings generated profit
Average Return
+0.12%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 60.00% of your transactions generating a profit, with an average return of +0.12% per trade.
1 Year
Success Rate
8/10 ratings generated profit
Average Return
+6.42%
reiterated a buy rating 5 months ago
Copying Richard Sunderland's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +6.42% per trade.
2 Years
xxx
Success Rate
7/10 ratings generated profit
Average Return
+6.24%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 70.00% of your transactions generating a profit, with an average return of +6.24% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
NJR Analyst Recommendation Trends
Rating
Jul 25
Aug 25
Sep 25
Oct 25
Nov 25
Strong Buy
0
0
0
0
0
Buy
12
12
15
12
9
Hold
2
0
1
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
14
12
16
13
10
Each month's total comprises the sum of three months' worth of ratings.
NJR Financial Forecast
NJR Stock Forecast FAQ
What is NJR’s average 12-month price target, according to analysts?
Based on analyst ratings, New Jersey Resources Corporation’s 12-month average price target is 52.00.
What is NJR’s upside potential, based on the analysts’ average price target?
New Jersey Resources Corporation has 13.31% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is NJR a Buy, Sell or Hold?
New Jersey Resources Corporation has a consensus rating of Moderate Buy which is based on 1 buy ratings, 1 hold ratings and 0 sell ratings.
What is New Jersey Resources Corporation’s price target?
The average price target for New Jersey Resources Corporation is 52.00. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $53.00 ,the lowest forecast is $51.00. The average price target represents 13.31% Increase from the current price of $45.89.
The highest analyst price target is $53.00 ,the lowest forecast is $51.00. The average price target represents 13.31% Increase from the current price of $45.89.
What do analysts say about New Jersey Resources Corporation?
New Jersey Resources Corporation’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 2 Wall Streets Analysts.
How can I buy shares of NJR?
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