NYSE:SJI - South Jersey Industries Price Target & Analyst Ratings

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.

6 Wall Street analysts have issued ratings and price targets for South Jersey Industries in the last 12 months. Their average twelve-month price target is $34.00, suggesting that the stock has a possible upside of 7.94%. The high price target for SJI is $40.00 and the low price target for SJI is $30.00. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Buy."

South Jersey Industries (NYSE:SJI) Consensus Price Target History

South Jersey Industries (NYSE:SJI) Analyst Ratings History

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
8/16/2019	Morgan Stanley	Set Price Target	Hold	$30.00	Low
8/9/2019	Maxim Group	Set Price Target	Buy	$40.00	Low
8/5/2019	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$32.00	High
6/13/2019	Guggenheim	Upgrade	Neutral ➝ Buy	$32.00 ➝ $35.00	High
10/30/2018	Wells Fargo & Co	Reiterated Rating	Market Perform ➝ Market Perform	$31.00	Low
10/29/2018	Williams Capital	Lower Price Target	Buy ➝ Buy	$39.00 ➝ $36.00	Low
7/30/2018	Bank of America	Initiated Coverage	Neutral	$34.00	Low
1/22/2018	Hilliard Lyons	Downgrade	Buy ➝ Hold		Low
1/8/2018	Sidoti	Downgrade	Buy ➝ Neutral	$34.00	Low
10/17/2017	Janney Montgomery Scott	Reiterated Rating	Buy		N/A

(Data available from 8/20/2017 forward)