S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
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Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
Predicting a Bear Market: 7 Signs and Why it's Tough to Do
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
Predicting a Bear Market: 7 Signs and Why it's Tough to Do
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
Predicting a Bear Market: 7 Signs and Why it's Tough to Do
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
Predicting a Bear Market: 7 Signs and Why it's Tough to Do

Northern Oil and Gas (NOG) Stock Forecast & Price Target

$42.45
-0.31 (-0.72%)
(As of 04/17/2024 ET)

Northern Oil and Gas Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 11 Analyst Ratings

Analysts' Consensus Price Target

$46.60
9.78% Upside
High Forecast$55.00
Average Forecast$46.60
Low Forecast$38.00
TypeCurrent Forecast
4/19/23 to 4/18/24
1 Month Ago
3/20/23 to 3/19/24
3 Months Ago
1/19/23 to 1/19/24
1 Year Ago
4/19/22 to 4/19/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$46.60$46.50$48.30$46.78
Predicted Upside9.78% Upside28.21% Upside24.97% Upside52.85% Upside
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NOG Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NOG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Northern Oil and Gas Stock vs. The Competition

TypeNorthern Oil and GasOils/Energy CompaniesS&P 500
Consensus Rating Score
2.73
2.56
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside9.78% Upside459.54% Upside12.25% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/15/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$38.00 ➝ $41.00-3.87%
4/5/2024Truist Financial
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 Lower TargetBuy ➝ Buy$56.00 ➝ $55.00+32.95%
3/21/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$45.00 ➝ $51.00+30.27%
3/6/2024Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$46.00+29.14%
2/28/2024Citigroup
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 Lower TargetBuy ➝ Buy$50.00 ➝ $45.00+28.72%
2/16/2024Piper Sandler
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 Lower TargetNeutral ➝ Neutral$39.00 ➝ $38.00+11.54%
1/24/2024Raymond James
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 Lower TargetStrong-Buy ➝ Strong-Buy$51.00 ➝ $45.00+32.59%
1/23/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$54.00 ➝ $52.00+55.46%
1/5/2024Bank of America
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 DowngradeBuy ➝ Underperform$39.00+6.70%
12/14/2023Johnson Rice
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 DowngradeBuy ➝ Accumulate
8/21/2023Northland Securities
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 Boost TargetOutperform ➝ Outperform$48.00 ➝ $54.00+31.77%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:20 AM ET.

NOG Price Target - Frequently Asked Questions

What is Northern Oil and Gas's consensus rating and price target?

According to the issued ratings of 11 analysts in the last year, the consensus rating for Northern Oil and Gas stock is Moderate Buy based on the current 1 sell rating, 2 hold ratings, 7 buy ratings and 1 strong buy rating for NOG. The average twelve-month price prediction for Northern Oil and Gas is $46.60 with a high price target of $55.00 and a low price target of $38.00. Learn more on NOG's analyst rating history.

Do Wall Street analysts like Northern Oil and Gas more than its competitors?

Analysts like Northern Oil and Gas more than other Oils/Energy companies. The consensus rating score for Northern Oil and Gas is 2.73 while the average consensus rating score for oils/energy companies is 2.56. Learn more on how NOG compares to other companies.

Does Northern Oil and Gas's stock price have much upside?

According to analysts, Northern Oil and Gas's stock has a predicted upside of 25.02% based on their 12-month stock forecasts.

What analysts cover Northern Oil and Gas?

Stock Ratings Reports and Tools

This page (NYSE:NOG) was last updated on 4/18/2024 by MarketBeat.com Staff

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