New Jersey Resources stock (US6460251068): analyst consensus points to buy rating and fresh price targets

New Jersey Resources shares on the NYSE are trading in the mid-50 dollar range as of late May 2026, while several U.S. research houses maintain a buy stance and outline 12-month price targets in the high-50 dollar area.

New Jersey Resources shares continue to trade in the mid-50 dollar range on the New York Stock Exchange, while Wall Street analysts reaffirm a broadly positive stance on the United States-based energy distributor as of late May 2026, with most 12-month price targets clustering around the high-50 dollar area.MarketBeat as of 05/29/2026

According to a recent consensus compilation, the stock closed at USD 55.23 on 05/29/2026 on the NYSE, and five Wall Street research analysts now assign an overall buy rating to New Jersey Resources, with an average 12-month price target of USD 58.17, a high target of USD 63.00 and a low of USD 53.00.MarketBeat as of 05/31/2026

The consensus data underline that three of the covering analysts rate New Jersey Resources as buy and two as strong buy, reinforcing the perception that the New Jersey-headquartered company remains well positioned in its U.S. home market for regulated gas distribution and energy services.MarketBeat as of 05/31/2026

In a notable single-stock development, Argus Research lifted its 12-month price target for New Jersey Resources to USD 63 from USD 58 on 05/20/2026, while maintaining a buy rating and citing the company’s exposure to long-term natural gas infrastructure and clean energy projects in the United States.Insider Monkey as of 05/24/2026

For German investors trading the stock via secondary venues, New Jersey Resources is also available on platforms such as Tradegate in euro, although the primary liquidity remains concentrated on the NYSE in USD.

As of: 06/01/2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: NJR
• Sector/industry: Regulated natural gas distribution and energy services
• Headquarters/country: Wall Township, United States
• Core markets: Northeastern and Mid-Atlantic United States, with a focus on New Jersey
• Key revenue drivers: Regulated natural gas utility operations, retail energy services, and clean energy and infrastructure projects
• Home exchange/listing venue: New York Stock Exchange (NJR)
• Trading currency: USD

New Jersey Resources: core business model

New Jersey Resources operates as an energy services holding company that focuses on regulated natural gas distribution and complementary retail and infrastructure activities in its U.S. core regions, with earnings primarily generated from its New Jersey natural gas utility, energy services business, and investments in clean energy and related infrastructure.MarketBeat as of 05/31/2026

What banks and research houses say about New Jersey Resources

The latest analyst compilation shows that five Wall Street research houses currently cover New Jersey Resources, assigning an overall buy recommendation based on their most recent reports within the last twelve months, with an average 12-month price target of USD 58.17, implying modest upside from the USD 55.23 closing price on 05/29/2026.MarketBeat as of 05/29/2026

Within this group, Argus stands out with a raised target of USD 63 as of 05/20/2026 while maintaining a buy rating, a move that positions its forecast at the upper end of the target range and reflects confidence in New Jersey Resources’ strategy around regulated gas distribution, hydrogen-related initiatives, and clean energy investments in the United States.Insider Monkey as of 05/24/2026

Conclusion

The latest trading data and analyst updates indicate that New Jersey Resources shares continue to change hands in the mid-50 dollar range on the NYSE, while consensus research still points to incremental upside potential over the coming year, anchored by an average target of USD 58.17 and supported by Argus’s increased USD 63 objective.

For investors following the U.S. utilities and energy services segment, the combination of regulated natural gas operations, clean energy initiatives, and supportive research coverage underscores the importance of monitoring both regulatory developments in the United States and company-specific execution on infrastructure and hydrogen-related projects.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.