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New Fortress Energy Analyst Ratings

Benzinga ·  Sep 29, 2023 10:28
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
09/29/2023 22.59% Stifel $44 → $40 Maintains Buy
09/14/2023 31.78% Citigroup $48 → $43 Maintains Buy
08/09/2023 34.85% Morgan Stanley $48 → $44 Maintains Overweight
07/31/2023 -1.93% Barclays $34 → $32 Maintains Equal-Weight
07/27/2023 47.1% Morgan Stanley $48 → $48 Reiterates Overweight → Overweight
07/25/2023 47.1% Morgan Stanley $50 → $48 Maintains Overweight
06/08/2023 -5% B of A Securities $59 → $31 Downgrades Buy → Neutral
04/24/2023 4.2% Barclays $39 → $34 Maintains Equal-Weight
04/10/2023 83.88% Deutsche Bank → $60 Initiates Coverage On → Buy
03/07/2023 50.17% Stifel $43 → $49 Maintains Buy
03/06/2023 19.52% Barclays $44 → $39 Maintains Equal-Weight
02/15/2023 53.23% Morgan Stanley $65 → $50 Maintains Overweight
02/10/2023 34.85% Barclays $53 → $44 Maintains Equal-Weight
02/01/2023 105.33% B of A Securities → $67 Initiates Coverage On → Buy
01/31/2023 53.23% BTIG → $50 Upgrades Neutral → Buy
01/27/2023 47.1% Citigroup $56 → $48 Maintains Buy
11/16/2022 62.43% Barclays $48 → $53 Maintains Equal-Weight
10/19/2022 47.1% Barclays $54 → $48 Maintains Equal-Weight
10/19/2022 99.2% Jefferies → $65 Initiates Coverage On → Buy
09/09/2022 BTIG Downgrades Buy → Neutral
09/06/2022 99.2% Morgan Stanley $58 → $65 Maintains Overweight
08/15/2022 114.53% JMP Securities $56 → $70 Maintains Market Outperform
08/08/2022 77.75% Morgan Stanley $54 → $58 Maintains Overweight
07/14/2022 71.62% Citigroup → $56 Reinstates → Buy
05/24/2022 83.88% Stifel $68 → $60 Maintains Buy
04/07/2022 50.17% Credit Suisse $40 → $49 Maintains Outperform
04/04/2022 108.4% Stifel $45 → $68 Maintains Buy
02/16/2022 37.91% Morgan Stanley $49 → $45 Maintains Overweight
10/19/2021 -1.93% Barclays $31 → $32 Maintains Equal-Weight
10/04/2021 -5% Barclays $38 → $31 Maintains Equal-Weight
08/23/2021 50.17% Morgan Stanley $55 → $49 Maintains Overweight
08/19/2021 4.2% Credit Suisse $50 → $34 Upgrades Neutral → Outperform
07/22/2021 16.46% Barclays $45 → $38 Maintains Equal-Weight
06/02/2021 53.23% Credit Suisse $52 → $50 Maintains Neutral
05/13/2021 68.56% Morgan Stanley → $55 Reinstates → Overweight
03/16/2021 53.23% Stifel → $50 Upgrades Hold → Buy
01/26/2021 53.23% Credit Suisse $37 → $50 Maintains Neutral
11/10/2020 13.39% Credit Suisse $28 → $37 Maintains Neutral
11/02/2020 40.97% Morgan Stanley $27 → $46 Maintains Overweight
10/28/2020 Stifel Downgrades Buy → Hold
09/08/2020 -14.19% Credit Suisse $16 → $28 Maintains Neutral
08/26/2020 22.59% Fearnleys → $40 Initiates Coverage On → Buy
08/05/2020 -20.32% Scotiabank $25 → $26 Maintains Sector Outperform
08/04/2020 -17.25% Morgan Stanley $25 → $27 Maintains Overweight
07/22/2020 Scotiabank Initiates Coverage On → Sector Outperform
06/17/2020 -32.58% Johnson Rice → $22 Initiates Coverage On → Buy
05/08/2020 -50.97% Citigroup $21 → $16 Maintains Buy
10/02/2019 -8.06% BTIG → $30 Initiates Coverage On → Buy
09/30/2019 -32.58% Citigroup $18 → $22 Maintains Buy
09/30/2019 -32.58% Citigroup $18 → $22 Maintains Buy
09/20/2019 -23.38% Morgan Stanley → $25 Reinstates → Overweight
05/16/2019 -41.77% JMP Securities $20 → $19 Maintains Market Outperform
02/25/2019 Morgan Stanley Initiates Coverage On → Overweight
02/25/2019 -17.25% Stifel → $27 Initiates Coverage On → Buy
02/25/2019 Citigroup Initiates Coverage On → Buy

What is the target price for New Fortress Energy (NFE)?

The latest price target for New Fortress Energy (NASDAQ: NFE) was reported by Stifel on September 29, 2023. The analyst firm set a price target for $40.00 expecting NFE to rise to within 12 months (a possible 22.59% upside). 19 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for New Fortress Energy (NFE)?

The latest analyst rating for New Fortress Energy (NASDAQ: NFE) was provided by Stifel, and New Fortress Energy maintained their buy rating.

When is the next analyst rating going to be posted or updated for New Fortress Energy (NFE)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of New Fortress Energy, 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 New Fortress Energy was filed on September 29, 2023 so you should expect the next rating to be made available sometime around September 29, 2024.

Is the Analyst Rating New Fortress Energy (NFE) correct?

While ratings are subjective and will change, the latest New Fortress Energy (NFE) rating was a maintained with a price target of $44.00 to $40.00. The current price New Fortress Energy (NFE) is trading at is $32.63, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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