Essential Utilities (WTRG) Stock Forecast & Price Target

$36.54
+0.28 (+0.77%)
(As of 04/24/2024 ET)

Essential Utilities 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

Buy
Based on 4 Analyst Ratings

Analysts' Consensus Price Target

$43.00
17.68% Upside
High Forecast$45.00
Average Forecast$43.00
Low Forecast$42.00
TypeCurrent Forecast
4/26/23 to 4/25/24
1 Month Ago
3/27/23 to 3/26/24
3 Months Ago
1/26/23 to 1/26/24
1 Year Ago
4/26/22 to 4/26/23
Consensus Rating
Buy
Buy
Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
5 Buy rating(s)
7 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$43.00$43.00$48.25$52.38
Predicted Upside17.68% Upside26.56% Upside25.67% Upside11.30% Upside
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WTRG 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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WTRG 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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Essential Utilities Stock vs. The Competition

TypeEssential UtilitiesUtilities CompaniesS&P 500
Consensus Rating Score
3.00
2.44
2.49
Consensus RatingBuyHoldHold
Predicted Upside17.68% Upside74.26% Upside10.00% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/4/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$51.00 ➝ $42.00+20.48%
11/3/2023Edward Jones
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 UpgradeHold ➝ Buy
10/4/2023UBS Group
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 Lower TargetBuy ➝ Buy$46.00 ➝ $45.00+37.45%
9/28/2023Northcoast Research
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 UpgradeNeutral ➝ Buy$42.00+22.34%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:28 AM ET.

WTRG Price Target - Frequently Asked Questions

What is Essential Utilities's consensus rating and price target?

According to the issued ratings of 4 analysts in the last year, the consensus rating for Essential Utilities stock is Buy based on the current 4 buy ratings for WTRG. The average twelve-month price prediction for Essential Utilities is $43.00 with a high price target of $45.00 and a low price target of $42.00. Learn more on WTRG's analyst rating history.

Do Wall Street analysts like Essential Utilities more than its competitors?

Analysts like Essential Utilities more than other Utilities companies. The consensus rating for Essential Utilities is Buy while the average consensus rating for utilities companies is Hold. Learn more on how WTRG compares to other companies.

Does Essential Utilities's stock price have much upside?

According to analysts, Essential Utilities's stock has a predicted upside of 26.56% based on their 12-month stock forecasts.

What analysts cover Essential Utilities?

Essential Utilities has been rated by Evercore ISI in the past 90 days.


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This page (NYSE:WTRG) was last updated on 4/25/2024 by MarketBeat.com Staff

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