Northern Oil Stock Target Price and Analyst Consensus
| NOG Stock | USD 29.39 1.06 3.74% |
The current analyst and expert consensus on Northern Oil is Strong Buy, with 7 strong buy opinions. The current projected Northern Oil target price consensus is 49.38 with 12 analyst opinions. Check out Macroaxis Advice on Northern Oil to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. The most common way Northern Oil Gas analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Northern Oil executives and customers to further validate their buy or sell advice. Northern Oil buy-or-sell recommendation module provides average expert sentiment on the projected Northern Oil Gas target price to derive its highest and lowest estimates based on projected price volatility of 2.3954.
Lowest Forecast 44.93 | Highest Forecast 54.81 | Target Price 49.38 |
Northern |
It's important to approach Northern Oil's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Northern Oil Target Price Consensus
Northern target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Northern Oil's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 12 | Strong Buy |
Most Northern analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Northern stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Northern Oil Gas, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationNorthern Oil Target Price Projection
Northern Oil's current and average target prices are 29.39 and 49.38, respectively. The current price of Northern Oil is the price at which Northern Oil Gas is currently trading. On the other hand, Northern Oil's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Northern Oil Market Quote on 15th of March 2025
Target Price
Analyst Consensus On Northern Oil Target Price
Northern Oil Analyst Ratings
Northern Oil's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Northern Oil stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Northern Oil's financials, market performance, and future outlook by experienced professionals. Northern Oil's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Northern Oil price targets
Northern Oil's stock target price is an estimate of its future price, usually made by analysts. Using Northern Oil's target price to determine if it is a suitable investment can be done through the following steps:- Look at Northern Oil's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Northern Oil's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Northern Oil Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Northern Oil is a key component of Northern Oil valuation and have some predictive power on the future returns of a Northern Oil.Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Macroaxis Index Invested few shares | |
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Check out Macroaxis Advice on Northern Oil to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.