InvestorsObserver is giving Northern Oil & Gas, Inc. (NOG) an Analyst Rating Rank of 63, meaning NOG is ranked higher by analysts than 63% of stocks. The average price target for NOG is $28.583 and analyst’s rate the stock as a Strong Buy.
Wall Street analysts are rating NOG a Strong Buy today. Find out what this means to you and get the rest of the rankings on NOG!
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Northern Oil & Gas, Inc. Stock Today?
Northern Oil & Gas, Inc. (NOG) stock is lower by -0.16% while the S&P 500 is up 0.63% as of 10:04 AM on Monday, Dec 6. NOG has fallen -$0.03 from the previous closing price of $18.87 on volume of 43,486 shares. Over the past year the S&P 500 is higher by 23.70% while NOG is up 138.48%. NOG lost -$6.36 per share the over the last 12 months.
Click Here to get the full Stock Report for Northern Oil & Gas, Inc. stock.