Northwest Natural (NWN) Stock Forecast & Price Target

$39.22

-0.83 (-2.07%)

(As of 09/6/2024 ET)

Northwest Natural - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 2 Analyst Ratings

Based on 2 Wall Street analysts who have issued ratings for Northwest Natural in the last 12 months, the stock has a consensus rating of "Buy." Out of the 2 analysts, 2 have given a buy rating for NWN.

Consensus Price Target

$40.00
1.99% Upside

High Forecast	$43.00
Average Forecast	$40.00
Low Forecast	$37.00

According to the 2 analysts' twelve-month price targets for Northwest Natural, the average price target is $40.00. The highest price target for NWN is $43.00, while the lowest price target for NWN is $37.00. The average price target represents a forecasted upside of 1.99% from the current price of $39.22.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Buy	Moderate Buy	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	1 Buy rating(s)	0 Buy rating(s)
Hold	0 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$40.00	$41.25	$41.40	$48.00
Forecasted Upside	1.99% Upside	7.30% Upside	6.26% Upside	16.21% Upside

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NWN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NWN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Northwest Natural Stock vs. The Competition

Type	Northwest Natural	Utilities Companies	S&P 500
Consensus Rating Score	3.00	2.46	2.51
Consensus Rating	Buy	Hold	Moderate Buy
Predicted Upside	1.99% Upside	71.40% Upside	11.36% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/5/2024	Janney Montgomery Scott 2 of 5 stars	M. Gaugler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$36.00 ➝ $43.00	+10.48%
5/7/2024	Stifel Nicolaus 4 of 5 stars		Boost Target	Buy ➝ Buy	$39.00 ➝ $40.00	+5.62%
10/9/2023	Guggenheim 3 of 5 stars		Lower Target		$42.00 ➝ $37.00	-4.10%
9/6/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform ➝ Sector Perform	$52.00 ➝ $45.00	+16.97%
8/4/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$50.00 ➝ $46.00	+9.58%
5/5/2023	Maxim Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:00 PM ET.

NWN Forecast - Frequently Asked Questions

What is Northwest Natural's forecast for 2024?: According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Northwest Natural is $40.00, with a high forecast of $43.00 and a low forecast of $37.00.
Should I buy or sell Northwest Natural stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Northwest Natural in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NWN shares.
Does Northwest Natural's stock price have much upside?: According to analysts, Northwest Natural's stock has a predicted upside of 4.08% based on their 12-month stock forecasts.
Has Northwest Natural been upgraded by Wall Street analysts recently?: Over the previous 90 days, Northwest Natural's stock had 1 upgrade by analysts.
What analysts cover Northwest Natural?: Northwest Natural has been rated by research analysts at Janney Montgomery Scott in the past 90 days.
Do Wall Street analysts like Northwest Natural more than its competitors?: Analysts like Northwest Natural more than other "utilities" companies. The consensus rating for Northwest Natural is Buy while the average consensus rating for "utilities" companies is Hold. Learn more on how NWN compares to other companies.