What 4 Analyst Ratings Have To Say About Northern Oil & Gas
Portfolio Pulse from Benzinga Insights
Northern Oil & Gas (NYSE:NOG) received 4 analyst ratings in the last quarter, with an average 12-month price target of $48.75, a high of $54.00, and a low of $44.00. The current average price target represents a 3.0% increase from the previous average of $47.33. The ratings included 2 bullish, 1 somewhat bullish, and 1 indifferent, with no bearish ratings. Analyst ratings are based on information from company activities and financials, and they provide guidance to investors, though they are subjective opinions.
November 28, 2023 | 5:00 pm
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POSITIVE IMPACT
Northern Oil & Gas has a positive outlook from analysts, with an increased average price target of $48.75 and mostly bullish ratings.
The positive analyst ratings and the increase in the average price target suggest a bullish sentiment towards NOG. This could lead to a short-term increase in the stock price as investors may react positively to the analyst consensus.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100