
NJR Stock Forecast & Price Target
NJR Analyst Ratings
Bulls say
New Jersey Resources is positioned for positive earnings growth driven by forward-looking EPS projections and a favorable P/E re-rating based on a strong load growth profile, supported by industry peer comparisons and historical averages. The company's stable valuation range is influenced by prevailing market conditions, weather outcomes, and effective contract execution, which enhances its financial outlook. Furthermore, the continued regulatory backing for natural gas infrastructure in New Jersey is expected to sustain long-term growth, although potential changes in state and federal policy remain a notable risk factor.
Bears say
New Jersey Resources faces significant renewal pricing risks, particularly if regional demand for natural gas weakens or if new competition from pipelines and storage facilities arises. The financial outlook is further compounded by potential shifts in industry fundamentals that could adversely affect expected revenues and earnings, as fluctuating customer demand and product pricing may challenge profitability. Additionally, the company is exposed to competitive pressures and potential management or accounting issues that could disrupt its financial stability and alter investor perceptions.
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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