# National Fuel Gas (NFG) — Analyst Forecast

NFG · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/nfg/forecast

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Apr 7, 2026 | Keybanc | Initiated Coverage | Overweight | $110.00 |
| Oct 9, 2025 | Scotiabank | Downgraded | Sector Outperform → Sector Perform | $106.00 |
| Aug 13, 2025 | Scotiabank | Maintained | Sector Outperform | $102.00 |
| Jul 15, 2025 | B of A Securities | Upgraded | Underperform → Buy | $107.00 |
| Jul 11, 2025 | Scotiabank | Maintained | Sector Outperform | $98.00 |
| May 23, 2025 | B of A Securities | Maintained | Underperform | $85.00 |
| Mar 13, 2025 | JP Morgan | Maintained | Neutral | $81.00 |
| Nov 12, 2024 | JP Morgan | Maintained | Neutral | $64.00 |
| Sep 12, 2024 | JP Morgan | Maintained | Neutral | $62.00 |
| Aug 20, 2024 | Scotiabank | Maintained | Sector Outperform | $81.00 |
| Jul 12, 2024 | Scotiabank | Maintained | Sector Outperform | $80.00 |
| May 9, 2024 | Scotiabank | Maintained | Sector Outperform | $75.00 |
| Apr 11, 2024 | Scotiabank | Maintained | Sector Outperform | $72.00 |
| Sep 14, 2023 | Scotiabank | Upgraded | Sector Perform → Sector Outperform | $68.00 |
| May 24, 2023 | Argus Research | Maintained | Buy | $58.00 |
| May 24, 2023 | Goldman Sachs | Maintained | Neutral | $54.00 |

## Frequently Asked Questions

### What is the latest analyst rating on NFG?

On Apr 7, 2026, Keybanc initiated coverage of National Fuel Gas at Overweight with a price target of $110.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).
