BlackRock Inc. Ups Stake in National Fuel Gas Co. (NFG)
Nasdaq Fintel reports that BlackRock Inc. has filed a 13G form with the SEC disclosing ownership of 8,540,231 shares of National Fuel Gas Co. (NFG). This represents 9.3% of the company.
In their previous filing dated February 1, 2022 they reported 8,050,417 shares and 8.80% of the company, an increase in shares of 6.08% and an increase in total ownership of 0.50% (calculated as current - previous percent ownership).
Analyst Price Forecast Suggests 33.36% Upside
As of January 24, 2023, the average one-year price target for National Fuel Gas is $79.15. The forecasts range from a low of $64.64 to a high of $95.55. The average price target represents an increase of 33.36% from its latest reported closing price of $59.35.
The projected annual revenue for National Fuel Gas is $2,499MM, an increase of 14.32%. The projected annual EPS is $6.98, an increase of 12.71%.
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