
NJR Stock Forecast & Price Target
NJR Analyst Ratings
Bulls say
New Jersey Resources is positioned for future growth, driven by projected earnings increases reflected in forward-looking EPS projections. The company is anticipated to experience a P/E re-rating, supported by its positive load growth profile which aligns with industry peer comparisons and historical averages. Additionally, a stable valuation range due to favorable market conditions, weather patterns, and effective execution of contracts further underpins a positive outlook for NJR's stock.
Bears say
New Jersey Resources faces significant risks related to renewal pricing, particularly as regional demand may weaken or new competition from pipelines and storage facilities emerges. Fundamental industry dynamics, such as fluctuations in customer demand and product pricing, could negatively influence the company's expected revenues and earnings. Additionally, unforeseen challenges related to management, financial stability, or accounting practices may adversely affect the company's overall valuation and investor sentiment.
This aggregate rating is based on analysts' research of New Jersey Resources and is not a guaranteed prediction by Public.com or investment advice.
NJR Analyst Forecast & Price Prediction
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