Stock Rating Upgrade
In the last week the Value Trend Rating for National Fuel Gas Co (NYSE: NFG) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 11/10/23, National Fuel Gas Co (NYSE: NFG) stock rose modestly by 0.7%, closing at $50.61. The stock has performed in line with the market over the last nine months and has declined -4.7% during the last week.
Current PriceTarget Research Rating
NFG is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
National Fuel Gas has a current Value Trend Rating of C (Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. National Fuel Gas has a slightly positive Appreciation Score of 67 and a neutral Power Rating of 40, triggering the Neutral Value Trend Rating.
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