$35.42
0.26[0.74%]
At close: Apr 19
$35.42
0[0.00%]
After Hours: 6:37PM EDT
Essential Utilities
(NYSE:WTRG)Essential Utilities Stock (NYSE:WTRG), Analyst Ratings, Price Targets, Predictions
Essential Utilities Inc has a consensus price target of $45.36, established from looking at the 20 latest analyst ratings. The last 3 analyst ratings were released from Evercore ISI Group, Edward Jones, and UBS on March 4, 2024, November 3, 2023, and October 4, 2023. With an average price target of $29 between Evercore ISI Group, Edward Jones, and UBS, there's an implied -18.13% downside for Essential Utilities Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Evercore ISI Group
Edward Jones
UBS
Northcoast Research
Wells Fargo
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Essential Utilities
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/04/2024 | WTRG | Buy Now | Essential Utilities | $35.42 | 18.58% | Evercore ISI Group | Durgesh Chopra | $51 → $42 | Maintains | Outperform | Get Alert |
| 11/03/2023 | WTRG | Buy Now | Essential Utilities | $35.42 | — | Edward Jones | Mike Doyle | — | Upgrade | Hold → Buy | Get Alert |
| 10/04/2023 | WTRG | Buy Now | Essential Utilities | $35.42 | 27.05% | UBS | Gregg Orrill | $46 → $45 | Maintains | Buy | Get Alert |
| 09/28/2023 | WTRG | Buy Now | Essential Utilities | $35.42 | 18.58% | Northcoast Research | Ryan Connors | → $42 | Upgrade | Neutral → Buy | Get Alert |
| 05/18/2023 | WTRG | Buy Now | Essential Utilities | $35.42 | — | Northcoast Research | Ryan Connors | — | Downgrade | Buy → Neutral | Get Alert |
| 05/10/2023 | WTRG | Buy Now | Essential Utilities | $35.42 | 41.16% | Wells Fargo | Jonathan Reeder | $52 → $50 | Maintains | Overweight | Get Alert |
| 03/16/2023 | WTRG | Buy Now | Essential Utilities | $35.42 | 52.46% | RBC Capital | Shelby Tucker | → $54 | Reiterates | → Outperform | Get Alert |
| 02/28/2023 | WTRG | Buy Now | Essential Utilities | $35.42 | 46.81% | Wells Fargo | Jonathan Reeder | $53 → $52 | Maintains | Overweight | Get Alert |
| 02/06/2023 | WTRG | Buy Now | Essential Utilities | $35.42 | 55.28% | UBS | Gregg Orrill | → $55 | Upgrade | Neutral → Buy | Get Alert |
| 11/29/2022 | WTRG | Buy Now | Essential Utilities | $35.42 | 46.81% | UBS | Joseph Parkhill | $45 → $52 | Maintains | Neutral | Get Alert |
| 09/09/2022 | WTRG | Buy Now | Essential Utilities | $35.42 | 46.81% | B of A Securities | Ryan Greenwald | → $52 | Downgrade | Buy → Neutral | Get Alert |
| 08/18/2022 | WTRG | Buy Now | Essential Utilities | $35.42 | 60.93% | HSBC | Verity Mitchell | $53 → $57 | Upgrade | Hold → Buy | Get Alert |
| 08/05/2022 | WTRG | Buy Now | Essential Utilities | $35.42 | 52.46% | Baird | Ben Kallo | $50 → $54 | Maintains | Outperform | Get Alert |
| 07/18/2022 | WTRG | Buy Now | Essential Utilities | $35.42 | 43.99% | Barclays | Eric Beaumont | $54 → $51 | Maintains | Overweight | Get Alert |
| 05/10/2022 | WTRG | Buy Now | Essential Utilities | $35.42 | 41.16% | Baird | Ben Kallo | $53 → $50 | Maintains | Outperform | Get Alert |
| 04/19/2022 | WTRG | Buy Now | Essential Utilities | $35.42 | 49.63% | Wells Fargo | Jonathan Reeder | $50 → $53 | Maintains | Overweight | Get Alert |
| 04/08/2022 | WTRG | Buy Now | Essential Utilities | $35.42 | 49.63% | HSBC | Verity Mitchell | → $53 | Downgrade | Buy → Hold | Get Alert |
| 03/15/2022 | WTRG | Buy Now | Essential Utilities | $35.42 | 46.81% | Barclays | Eric Beaumont | $51 → $52 | Maintains | Overweight | Get Alert |
| 03/10/2022 | WTRG | Buy Now | Essential Utilities | $35.42 | 49.63% | Evercore ISI Group | Durgesh Chopra | $52 → $53 | Upgrade | In-Line → Outperform | Get Alert |
FAQ
What is the target price for Essential Utilities (WTRG)?
The latest price target for Essential Utilities (NYSE: WTRG) was reported by Evercore ISI Group on March 4, 2024. The analyst firm set a price target for $42.00 expecting WTRG to rise to within 12 months (a possible 18.58% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Essential Utilities (WTRG)?
The latest analyst rating for Essential Utilities (NYSE: WTRG) was provided by Evercore ISI Group, and Essential Utilities maintained their outperform rating.
When was the last upgrade for Essential Utilities (WTRG)?
The last upgrade for Essential Utilities Inc happened on November 3, 2023 when Edward Jones raised their price target to N/A. Edward Jones previously had a hold for Essential Utilities Inc.
When was the last downgrade for Essential Utilities (WTRG)?
The last downgrade for Essential Utilities Inc happened on May 18, 2023 when Northcoast Research changed their price target from N/A to N/A for Essential Utilities Inc.
When is the next analyst rating going to be posted or updated for Essential Utilities (WTRG)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Essential Utilities, 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 Essential Utilities was filed on March 4, 2024 so you should expect the next rating to be made available sometime around March 4, 2025.
Is the Analyst Rating Essential Utilities (WTRG) correct?
While ratings are subjective and will change, the latest Essential Utilities (WTRG) rating was a maintained with a price target of $51.00 to $42.00. The current price Essential Utilities (WTRG) is trading at is $35.42, which is out of the analyst’s predicted range.
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