Risk factor
Negligible price volatility
Profitability factor
Solid dividends
About
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 564,000 residential and commercial customers...
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E
Target Price
The average target price of NJR is 58 and suggests 8% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation sugg
Buy
Sell