tiprankstipranks
Blurbs

Maxim Group’s Outlook for This Canada’s Energy Sector Company

In a report released yesterday, Tate Sullivan from Maxim Group maintained a Buy rating on Northwest Gas (NWNResearch Report), with a price target of $62.00. The company’s shares closed last Thursday at $49.02.

According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 19.1% and a 45.0% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Natural Gas Services Group, Ceco Environmental, and Seanergy Maritime.

Currently, the analyst consensus on Northwest Gas is a Moderate Buy with an average price target of $55.00.

See the top stocks recommended by analysts >>

Based on Northwest Gas’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $294 million and net profit of $40.53 million. In comparison, last year the company earned revenue of $260 million and had a net profit of $52.05 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Northwest Natural Holding Co. operates through its subsidiaries, which engages in the local distribution of gas and water. It supplies natural gas to residential, commercial, and industrial customers in Oregon and southwest Washington. The company is headquartered in Portland, OR.

Read More on NWN:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed