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Essential Utilities (WTRG) Stock Forecast & Price Target

Essential Utilities logo
$38.53 -0.52 (-1.33%)
(As of 11/13/2024 ET)

Essential Utilities - 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

Sell
0
Hold
1
Buy
4

Based on 5 Wall Street analysts who have issued ratings for Essential Utilities in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 1 has given a hold rating, and 4 have given a buy rating for WTRG.

Consensus Price Target

$44.00
14.20% Upside
According to the 5 analysts' twelve-month price targets for Essential Utilities, the average price target is $44.00. The highest price target for WTRG is $46.00, while the lowest price target for WTRG is $41.00. The average price target represents a forecasted upside of 14.20% from the current price of $38.53.
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WTRG Analyst Ratings Over Time

TypeCurrent Forecast
11/14/23 to 11/13/24
1 Month Ago
10/15/23 to 10/14/24
3 Months Ago
8/16/23 to 8/15/24
1 Year Ago
11/14/22 to 11/14/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
Hold
1 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$44.00$44.80$44.40$48.25
Forecasted Upside14.20% Upside12.29% Upside11.98% Upside36.11% Upside
Consensus Rating
Moderate Buy
Buy
Buy
Buy

WTRG 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.
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WTRG 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.
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Essential Utilities Stock vs. The Competition

TypeEssential UtilitiesUtilities CompaniesS&P 500
Consensus Rating Score
2.80
2.51
2.50
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside14.17% Upside20.14% Upside7.72% Upside
News Sentiment Rating
Positive News

See Recent WTRG News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/7/2024Jefferies Financial Group
2 of 5 stars
 DowngradeBuy ➝ Hold$44.00 ➝ $41.00+1.61%
11/6/2024Robert W. Baird
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$45.00 ➝ $46.00+14.63%
11/5/2024Wells Fargo & Company
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$45.00 ➝ $43.00+8.83%
9/20/2024Bank of America
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 Reiterated RatingBuy$45.00+17.49%
8/8/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$42.00 ➝ $45.00+12.56%
11/3/2023Edward Jones
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 UpgradeHold ➝ Buy
10/4/2023UBS Group
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 Lower TargetBuy ➝ Buy$46.00 ➝ $45.00+37.45%
9/28/2023Northcoast Research
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 UpgradeNeutral ➝ Buy$42.00+22.34%
3/16/2023Royal Bank of Canada
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 Reiterated RatingOutperform$54.00+25.35%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 11:48 PM ET.


WTRG Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Essential Utilities is $44.00, with a high forecast of $46.00 and a low forecast of $41.00.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Essential Utilities in the last twelve months. There is currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WTRG shares.

According to analysts, Essential Utilities's stock has a predicted upside of 14.20% based on their 12-month stock forecasts.

Over the previous 90 days, Essential Utilities's stock had 1 downgrade by analysts.

Essential Utilities has been rated by research analysts at Bank of America, Jefferies Financial Group, Robert W. Baird, and Wells Fargo & Company in the past 90 days.

Analysts like Essential Utilities more than other "utilities" companies. The consensus rating score for Essential Utilities is 2.80 while the average consensus rating score for "utilities" companies is 2.51. Learn more on how WTRG compares to other companies.


This page (NYSE:WTRG) was last updated on 11/13/2024 by MarketBeat.com Staff
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