NYSE:NJR - New Jersey Resources Price Target & Analyst Ratings Sign in or create an account to add this stock to your watchlist. Get Started $49.77 +1.20 (+2.47 %) (As of 11/19/2018 08:17 AM ET)Previous Close$48.57Today's Range$48.6450 - $49.8352-Week Range$35.55 - $49.83Volume510,528 shsAverage Volume469,878 shsMarket Capitalization$4.39 billionP/E Ratio28.77Dividend Yield2.35%Beta0.21 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Analyst Ratings New Jersey Resources (NYSE:NJR) Price Target and Consensus Rating (How are Consensus Ratings Calculated?) 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.5 Wall Street analysts have issued ratings and price targets for New Jersey Resources in the last 12 months. Their average twelve-month price target is $46.00, suggesting that the stock has a possible downside of 7.57%. The high price target for NJR is $49.00 and the low price target for NJR is $42.00. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."Today30 Days Ago90 Days Ago180 Days AgoConsensus Rating: HoldHoldBuyBuyConsensus Rating Score: 220.127.116.112.75Ratings Breakdown: 1 Sell Rating(s)2 Hold Rating(s)2 Buy Rating(s)0 Strong Buy Rating(s)1 Sell Rating(s)2 Hold Rating(s)2 Buy Rating(s)0 Strong Buy Rating(s)1 Sell Rating(s)0 Hold Rating(s)3 Buy Rating(s)0 Strong Buy Rating(s)0 Sell Rating(s)1 Hold Rating(s)3 Buy Rating(s)0 Strong Buy Rating(s)Consensus Price Target: $46.00$46.00$43.00$43.00Price Target Upside: 7.57% downside2.95% downside1.38% downside8.86% upsideNew Jersey Resources (NYSE:NJR) Consensus Price Target History New Jersey Resources (NYSE:NJR) Analyst Ratings History Show: Only the Most Recent Rating From Each Brokerage All Ratings For This Stock DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails9/17/2018Wells Fargo & CoBoost Price TargetMarket Perform$45.00 ➝ $47.00Low9/10/2018GuggenheimDowngradeBuy ➝ NeutralMedium6/5/2018Bank of AmericaDowngradeNeutral ➝ UnderperformHigh5/30/2018ArgusBoost Price TargetBuy ➝ Buy$45.00 ➝ $49.00Low11/22/2017Janney Montgomery ScottUpgradeNeutral ➝ BuyN/A12/21/2016Seaport Global SecuritiesInitiated CoverageNeutral$36.00N/A(Data available from 11/19/2016 forward) This page was last updated on 11/19/2018 by MarketBeat.com StaffFeatured Article: What Factors Can Affect Return on Equity?