Natural Gas Services Group (NGS) Stock Forecast & Price Target

$19.46

-0.58 (-2.89%)

(As of 09/18/2024 ET)

Natural Gas Services Group - 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

Strong Buy
Based on 2 Analyst Ratings

Based on 2 Wall Street analysts who have issued ratings for Natural Gas Services Group in the last 12 months, the stock has a consensus rating of "Strong Buy." Out of the 2 analysts, 1 has given a buy rating, and 1 has given a strong buy rating for NGS.

Consensus Price Target

$26.50
36.18% Upside

High Forecast	$27.00
Average Forecast	$26.50
Low Forecast	$26.00

According to the 2 analysts' twelve-month price targets for Natural Gas Services Group, the average price target is $26.50. The highest price target for NGS is $27.00, while the lowest price target for NGS is $26.00. The average price target represents a forecasted upside of 36.18% from the current price of $19.46.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Strong Buy	Strong Buy	Buy	N/A
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	N/A
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	N/A
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	N/A
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	N/A
Consensus Price Target	$26.50	$26.50	$26.00	$26.00
Forecasted Upside	36.18% Upside	32.04% Upside	14.69% Upside	153.16% Upside

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NGS 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.

NGS 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.

Natural Gas Services Group Stock vs. The Competition

Type	Natural Gas Services Group	Oils/Energy Companies	S&P 500
Consensus Rating Score	3.50	2.58	2.50
Consensus Rating	Strong Buy	Moderate Buy	Moderate Buy
Predicted Upside	36.18% Upside	208.20% Upside	7.94% Upside
News Sentiment Rating	Positive 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	Action	Rating	Price Target	Upside/Downside on Report Date
8/7/2024	Raymond James 4 of 5 stars	Initiated Coverage	Strong-Buy	$27.00	+54.55%
4/3/2024	Stifel Nicolaus 4 of 5 stars	Boost Target	Buy ➝ Buy	$18.00 ➝ $26.00	+14.69%
5/17/2023	Lake Street Capital 3 of 5 stars	Boost Target		$24.00 ➝ $26.00	+153.16%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:33 AM ET.

NGS Forecast - Frequently Asked Questions

What is Natural Gas Services Group's forecast for 2024?: According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Natural Gas Services Group is $26.50, with a high forecast of $27.00 and a low forecast of $26.00.
Should I buy or sell Natural Gas Services Group stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Natural Gas Services Group in the last year. There is currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" NGS shares.
Does Natural Gas Services Group's stock price have much upside?: According to analysts, Natural Gas Services Group's stock has a predicted upside of 32.04% based on their 12-month stock forecasts.
What analysts cover Natural Gas Services Group?: Natural Gas Services Group has been rated by research analysts at Raymond James in the past 90 days.
Do Wall Street analysts like Natural Gas Services Group more than its competitors?: Analysts like Natural Gas Services Group more than other "oils/energy" companies. The consensus rating for Natural Gas Services Group is Strong Buy while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how NGS compares to other companies.