Free Trial

Enerplus (ERF) Stock Forecast & Price Target

Enerplus logo

Enerplus - 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
2

Consensus Price Target

C$24.57
N/A
Get the Latest News and Ratings for ERF and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Enerplus and its competitors.

Sign Up

ERF Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
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)
3 Buy rating(s)
3 Buy rating(s)
4 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$24.57C$24.14C$24.12C$25.89
Forecasted UpsideN/A-9.85% Downside-9.93% Downside18.29% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

ERF 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.
Skip Chart & View Analyst Rating History

ERF 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Enerplus Stock vs. The Competition

TypeEnerplusEnergy Companies
Consensus Rating Score
2.67
2.81
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent ERF News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/23/2024Desjardins
2 of 5 stars
 Boost TargetTenderC$19.25 ➝ C$20.00-28.03%
4/23/2024Stifel Nicolaus
4 of 5 stars
 Boost TargetBuyC$27.25 ➝ C$32.00+15.15%
2/22/2024National Bankshares
1 of 5 stars
 Lower TargetOutperformC$21.00 ➝ C$18.85-22.75%
2/22/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSector PerformC$24.00 ➝ C$25.50+4.51%
1/2/2024ATB Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$27.00 ➝ C$26.50+29.33%
11/6/2023Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformC$21.00 ➝ C$22.00-5.94%
10/16/2023BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$22.00 ➝ C$24.00+0.63%
6/30/2023Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$30.00 ➝ C$26.00+35.49%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:15 AM ET.


ERF Forecast - Frequently Asked Questions

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Enerplus is C$24.57, with a high forecast of C$32.00 and a low forecast of C$18.85.

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last twelve months. There is currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ERF shares.

According to analysts, Enerplus's stock has a predicted upside of ∞ based on their 12-month stock forecasts.

Analysts like Enerplus less than other "energy" companies. The consensus rating score for Enerplus is 2.67 while the average consensus rating score for "energy" companies is 2.82. Learn more on how ERF compares to other companies.


This page (TSE:ERF) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners