Northern Oil & Gas Inc has a consensus price target of $43.36, established from looking at the 87 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, Morgan Stanley, and Truist Securities on April 19, 2024, April 15, 2024, and April 5, 2024. With an average price target of $46 between Piper Sandler, Morgan Stanley, and Truist Securities, there's an implied 8.24% upside for Northern Oil & Gas Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/19/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | -1.18% | Piper Sandler | Mark Lear | $38 → $42 | Maintains | Neutral | Get Alert |
04/15/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | -3.53% | Morgan Stanley | Devin McDermott | $38 → $41 | Maintains | Equal-Weight | Get Alert |
04/05/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | 29.41% | Truist Securities | Neal Dingmann | $56 → $55 | Maintains | Buy | Get Alert |
03/28/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | -10.59% | Morgan Stanley | Devin McDermott | $39 → $38 | Maintains | Equal-Weight | Get Alert |
03/21/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | 20% | Jefferies | Lloyd Byrne | $45 → $51 | Maintains | Buy | Get Alert |
03/06/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | 8.24% | RBC Capital | Scott Hanold | → $46 | Reiterates | Outperform → Outperform | Get Alert |
02/28/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | 5.88% | Citigroup | Scott Gruber | $50 → $45 | Maintains | Buy | Get Alert |
02/20/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | 8.24% | RBC Capital | Scott Hanold | → $46 | Reiterates | Outperform → Outperform | Get Alert |
02/16/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | -10.59% | Piper Sandler | Mark Lear | $39 → $38 | Maintains | Neutral | Get Alert |
02/16/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | 31.76% | Truist Securities | Neal Dingmann | $58 → $56 | Maintains | Buy | Get Alert |
01/24/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | 5.88% | Raymond James | John Freeman | $51 → $45 | Maintains | Strong Buy | Get Alert |
01/24/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | -8.24% | Piper Sandler | Mark Lear | $44 → $39 | Maintains | Neutral | Get Alert |
01/23/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | 22.35% | Stifel | Derrick Whitfield | $54 → $52 | Maintains | Buy | Get Alert |
01/05/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | -8.24% | B of A Securities | John Abbott | → $39 | Downgrade | Buy → Underperform | Get Alert |
01/05/2024 | NOG | Buy Now | Northern Oil & Gas | $42.50 | -5.88% | Morgan Stanley | Devin McDermott | → $40 | Initiates | → Equal-Weight | Get Alert |
12/04/2023 | NOG | Buy Now | Northern Oil & Gas | $42.50 | 29.41% | Truist Securities | Neal Dingmann | → $55 | Reiterates | Buy → Buy | Get Alert |
11/30/2023 | NOG | Buy Now | Northern Oil & Gas | $42.50 | 27.06% | Stifel | Derrick Whitfield | $53 → $54 | Maintains | Buy | Get Alert |
11/28/2023 | NOG | Buy Now | Northern Oil & Gas | $42.50 | 8.24% | RBC Capital | Scott Hanold | → $46 | Reiterates | Outperform → Outperform | Get Alert |
11/22/2023 | NOG | Buy Now | Northern Oil & Gas | $42.50 | 3.53% | Piper Sandler | Mark Lear | $43 → $44 | Maintains | Neutral | Get Alert |
The latest price target for Northern Oil & Gas (NYSE: NOG) was reported by Piper Sandler on April 19, 2024. The analyst firm set a price target for $42.00 expecting NOG to fall to within 12 months (a possible -1.18% downside). 44 analyst firms have reported ratings in the last year.
The latest analyst rating for Northern Oil & Gas (NYSE: NOG) was provided by Piper Sandler, and Northern Oil & Gas maintained their neutral rating.
The last upgrade for Northern Oil & Gas Inc happened on March 15, 2022 when Johnson Rice raised their price target to $50. Johnson Rice previously had an accumulate for Northern Oil & Gas Inc.
The last downgrade for Northern Oil & Gas Inc happened on January 5, 2024 when B of A Securities changed their price target from N/A to $39 for Northern Oil & Gas Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Northern Oil & Gas, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Northern Oil & Gas was filed on April 19, 2024 so you should expect the next rating to be made available sometime around April 19, 2025.
While ratings are subjective and will change, the latest Northern Oil & Gas (NOG) rating was a maintained with a price target of $38.00 to $42.00. The current price Northern Oil & Gas (NOG) is trading at is $42.50, which is out of the analyst’s predicted range.
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