---
title: "Wells Fargo Remains a Buy on New Jersey Resources (NJR)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293460710.md"
description: "Wells Fargo maintains a Buy rating on New Jersey Resources (NJR) with a $63.00 price target, following the stock's close at $58.40. The broader analyst consensus is a Strong Buy with an average target of $63.33, implying 8.44% upside. J.P. Morgan also recently maintained a Buy rating on NJR with a $64.00 target."
datetime: "2026-07-22T10:45:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293460710.md)
  - [en](https://longbridge.com/en/news/293460710.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293460710.md)
---

# Wells Fargo Remains a Buy on New Jersey Resources (NJR)

In a report released yesterday, from Wells Fargo maintained a Buy rating on New Jersey Resources, with a price target of $63.00. The company’s shares closed yesterday at $58.40.

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Currently, the analyst consensus on New Jersey Resources is a Strong Buy with an average price target of $63.33, an 8.44% upside from current levels. In a report released on July 14, J.P. Morgan also maintained a Buy rating on the stock with a $64.00 price target.

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