Shares of National Fuel Gas Co. (NYSE: NFG) have recently surpassed the average analyst 12-month target price of $86.00, trading at $86.01 per share. Analysts are evaluating their responses, considering either a downgrade on valuation or a possible upward adjustment of their target prices following this milestone.
Currently, five analysts contribute to the NFG price target consensus, with predictions ranging from a low of $80.00 to a high of $93.00, resulting in a standard deviation of $4.847. The average rating among analysts is 2.5 on a scale where 1 is a Strong Buy and 5 is a Strong Sell, with 2 Strong Buy ratings, 3 Holds, and 1 Sell.
This shift signals investors to reassess whether NFG’s stock is on a trajectory towards higher valuations or if it’s time to reconsider their positions, given the recent price movement.
