Northern Oil & Gas Stock (NYSE:NOG), Analyst Ratings, Price Targets, Predictions

The latest price target for Northern Oil & Gas (NYSE: NOG) was reported by Citigroup on May 3, 2024. The analyst firm set a price target for $50.00 expecting NOG to rise to within 12 months (a possible 25.85% upside). 44 analyst firms have reported ratings in the last year.

The latest analyst rating for Northern Oil & Gas (NYSE: NOG) was provided by Citigroup, and Northern Oil & Gas maintained their buy 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 May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.

While ratings are subjective and will change, the latest Northern Oil & Gas (NOG) rating was a maintained with a price target of $55.00 to $50.00. The current price Northern Oil & Gas (NOG) is trading at is $39.73, which is out of the analyst’s predicted range.