# New Jersey Resources (NJR) — Analyst Forecast

NJR · NYSE · Stock

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

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Sep 11, 2026 | JP Morgan | Maintained | Overweight | $63.00 |
| Aug 5, 2026 | Wells Fargo | Downgraded | Overweight → Equal-Weight | $61.00 |
| May 12, 2026 | Wells Fargo | Initiated Coverage | Overweight | $63.00 |
| Apr 21, 2026 | Mizuho | Maintained | Outperform | $61.00 |
| Dec 17, 2025 | Mizuho | Upgraded | Neutral → Outperform | $54.00 |
| Aug 8, 2025 | Raymond James | Maintained | Outperform | $50.00 |
| Jun 13, 2025 | Raymond James | Initiated Coverage | Outperform | $49.00 |
| May 28, 2025 | JP Morgan | Maintained | Overweight | $51.00 |
| May 15, 2025 | Mizuho | Maintained | Neutral | $50.00 |
| May 7, 2025 | Wells Fargo | Maintained | Equal-Weight | $53.00 |
| Apr 1, 2025 | Jefferies | Initiated Coverage | Hold | $51.00 |
| Feb 5, 2025 | Guggenheim | Maintained | Neutral | $54.00 |
| Jan 28, 2025 | JP Morgan | Maintained | Overweight | $52.00 |
| Dec 12, 2024 | JP Morgan | Upgraded | Neutral → Overweight | $54.00 |
| Nov 27, 2024 | Guggenheim | Maintained | Neutral | $49.00 |
| Nov 27, 2024 | Wells Fargo | Maintained | Equal-Weight | $54.00 |
| Oct 16, 2024 | Wells Fargo | Maintained | Equal-Weight | $51.00 |
| Sep 20, 2024 | Mizuho | Maintained | Neutral | $47.00 |
| Aug 15, 2024 | JP Morgan | Maintained | Neutral | $49.00 |
| Feb 5, 2024 | Mizuho | Maintained | Neutral | $45.00 |

## Frequently Asked Questions

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

On Sep 11, 2026, JP Morgan maintained New Jersey Resources at Overweight with a price target of $63.00.

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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).