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Reaves Utility Income Fund Stock (UTG) Forecast

The Reaves Utility Income Fund (UTG) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $28.84, representing a -17.57% decrease from the current price of $34.99. The highest analyst price target is $29.39, and the lowest is $28.30.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month UTG Price Target
Average 22.20 (-36.56% Downside)
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Is Reaves Utility Income Fund (UTG) A Buy Now?

Oscillators
Name Value Action
RSI(14) 74.38 Sell
STOCH(9,6) 94.36 Sell
STOCHRSI(14) 100.00 Sell
MACD(12,26) 0.6157 Buy
ADX(14) 26.68 Buy
William %R -3.3881 Sell
CCI(14) 139.77 Buy
Buy: 3 Sell: 4 Neutral: 0
Summary: Sell
Moving Averages
Period Simple Exponential
MA10
34.10
Buy
34.21
Buy
MA20
33.41
Buy
33.70
Buy
MA50
32.82
Buy
32.70
Buy
MA100
31.04
Buy
31.41
Buy
MA200
29.00
Buy
29.81
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, UTG could be considered a Strong Buy, with 17 technical analysis indicators signaling 13 Buy signals, 4 signaling Sell signals and 0 Neutral signals. This might be a good time to open fresh positions on UTG, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 74.38 indicates that UTG is overbought. This suggests that UTG price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
  2. STOCH (Stochastic Oscillator): The STOCH value of 94.36 indicates that UTG is oversold. This means that UTG price is at or near the highest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that UTG is oversold. This suggests that UTG price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 26.68 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 139.77 indicates that UTG is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.

Long-term UTG price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Reaves Utility Income Fund financial reports and earnings history, Reaves Utility Income Fund (UTG) stock could reach $19.84 by 2030, $10.05 by 2040 and $2.2282 by 2050. See the projected annual prices until 2050 of the Reaves Utility Income Fund stock below:

  • Reaves Utility Income Fund (UTG) is expected to reach an average price of $13.86 in 2035, with a high prediction of $13.86 and a low estimate of $11.13. This indicates an $-60.38% rise from the last recorded price of $34.99.
  • Reaves Utility Income Fund (UTG) stock is projected to chart a bullish course in 2040, with an average price target of $9.4383, representing an $-73.03% surge from its current level. The forecast ranges from a conservative $8.8021 to a sky-high $10.05.
  • Our analysts predict Reaves Utility Income Fund (UTG) to jump -97.98% by 2045, soaring from $0.4781 to an average price of $0.7069, potentially reaching $6.2881. While $0.4781 is the low estimate, the potential upside is significant.
  • Reaves Utility Income Fund (UTG) stock is expected to climb by 2050, reaching an average of $1.3545, a $-96.13% jump from its current level. However, a wide range of estimates exists, with high and low targets of $2.2282 and $1.5845, respectively, highlighting the market's uncertainty.

Reaves Utility Income Fund Stock (UTG) Year by Year Forecast

Reaves Utility Income Fund Stock (UTG) Price Forecast for 2024

Our forecast for UTG stock price in 2024 now indicates an average price target of $27.47 with a high forecast of $29.68 and a low forecast of $25.26. The average prediction reflects an decrease of -21.49% from the last recorded price of $34.99.
Month Average Low High Change from today's price
December, 2024 $28.99 $28.30 $29.39 -17.16%

Reaves Utility Income Fund Stock (UTG) Price Forecast for 2025

Reaves Utility Income Fund Stock (UTG) is expected to reach an average price of $22.20 in 2025, with a high prediction of $32.55 and a low estimate of $11.84. This indicates an -36.56% fall from the last recorded price of $34.99.
Month Average Low High Change from today's price
January, 2025 $29.40 $28.72 $29.72 -15.98%
February, 2025 $30.29 $29.22 $31.18 -13.42%
March, 2025 $24.28 $23.54 $32.55 -30.60%
April, 2025 $20.96 $11.84 $29.27 -40.09%
May, 2025 $21.53 $16.60 $23.08 -38.46%
June, 2025 $23.03 $20.99 $24.13 -34.19%
July, 2025 $25.11 $23.19 $28.93 -28.24%
August, 2025 $22.73 $21.82 $24.98 -35.02%
September, 2025 $24.70 $22.76 $25.04 -29.41%
October, 2025 $23.98 $23.64 $25.27 -31.46%
November, 2025 $23.88 $22.68 $25.10 -31.76%
December, 2025 $24.07 $23.74 $25.60 -31.22%

Reaves Utility Income Fund Stock (UTG) Price Forecast for 2026

The predicted value for Reaves Utility Income Fund (UTG) in 2026 is set at an average of $26.32. Estimates vary from a peak of $29.41 to a trough of $23.24, indicating an -24.77% surge from the present price of $34.99.
Month Average Low High Change from today's price
January, 2026 $26.03 $23.86 $27.24 -25.60%
February, 2026 $25.60 $25.21 $26.63 -26.84%
March, 2026 $25.26 $24.92 $25.78 -27.80%
April, 2026 $25.11 $24.96 $25.85 -28.23%
May, 2026 $24.97 $23.24 $25.47 -28.64%
June, 2026 $26.58 $24.88 $26.75 -24.03%
July, 2026 $27.68 $26.56 $28.08 -20.88%
August, 2026 $28.06 $27.14 $28.08 -19.81%
September, 2026 $27.78 $26.94 $28.37 -20.60%
October, 2026 $28.53 $27.53 $28.56 -18.47%
November, 2026 $28.75 $28.29 $29.41 -17.83%
December, 2026 $25.69 $25.49 $29.37 -26.57%

Reaves Utility Income Fund Stock (UTG) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Reaves Utility Income Fund (UTG) is $25.32, with a high forecast of $28.58 and a low forecast of $22.06. This indicates an -27.63% decrease from the last price of $34.99.
Month Average Low High Change from today's price
January, 2027 $26.67 $25.29 $26.86 -23.79%
February, 2027 $26.34 $26.27 $27.47 -24.72%
March, 2027 $27.15 $25.64 $27.52 -22.40%
April, 2027 $27.16 $26.66 $28.48 -22.38%
May, 2027 $26.39 $25.26 $27.25 -24.57%
June, 2027 $26.29 $23.85 $26.56 -24.85%
July, 2027 $27.70 $25.76 $28.12 -20.84%
August, 2027 $27.21 $27.15 $28.58 -22.22%
September, 2027 $27.18 $24.82 $27.64 -22.33%
October, 2027 $22.16 $22.06 $27.70 -36.67%
November, 2027 $24.48 $22.16 $24.88 -30.05%
December, 2027 $26.72 $23.63 $26.73 -23.64%

Reaves Utility Income Fund Stock (UTG) Price Forecast for 2028

In 2028, Reaves Utility Income Fund (UTG) is projected to reach an average price of $22.59, with a high projection of $27.30 and a low estimate of $17.88. This indicates an -35.45% fall from the last price of $34.99.
Month Average Low High Change from today's price
January, 2028 $24.83 $24.82 $27.30 -29.03%
February, 2028 $20.56 $20.53 $26.37 -41.25%
March, 2028 $20.97 $17.88 $21.77 -40.07%
April, 2028 $23.05 $20.37 $23.10 -34.11%
May, 2028 $22.27 $21.57 $24.11 -36.34%
June, 2028 $23.00 $21.43 $24.13 -34.27%
July, 2028 $22.87 $22.33 $23.77 -34.63%
August, 2028 $20.34 $20.26 $23.15 -41.88%
September, 2028 $22.59 $19.82 $22.79 -35.44%
October, 2028 $22.23 $21.77 $23.02 -36.48%
November, 2028 $20.70 $20.12 $22.32 -40.85%
December, 2028 $21.01 $20.48 $21.56 -39.95%

Reaves Utility Income Fund Stock (UTG) Price Forecast for 2029

The 2029 price forecast for Reaves Utility Income Fund Stock (UTG) is $19.50 on average, with a high prediction of $22.07 and a low estimate of $16.93. This represents an -44.27% decrease from the previous price of $34.99.
Month Average Low High Change from today's price
January, 2029 $21.71 $20.75 $22.07 -37.94%
February, 2029 $19.91 $19.65 $21.81 -43.10%
March, 2029 $20.51 $19.48 $20.87 -41.37%
April, 2029 $18.49 $16.93 $20.47 -47.16%
May, 2029 $18.70 $17.17 $19.77 -46.56%
June, 2029 $20.52 $18.64 $20.53 -41.34%
July, 2029 $20.52 $20.00 $21.65 -41.36%
August, 2029 $20.05 $19.74 $21.30 -42.70%
September, 2029 $19.90 $19.26 $20.47 -43.14%
October, 2029 $20.30 $19.47 $20.84 -41.99%
November, 2029 $19.77 $19.15 $20.98 -43.49%
December, 2029 $18.31 $17.57 $20.36 -47.67%

Reaves Utility Income Fund Stock (UTG) Price Forecast for 2030

Reaves Utility Income Fund Stock (UTG) is expected to reach an average price of $14.57 in 2030, with a high forecast of $24.91 and a low forecast of $4.2348. This signifies an -58.35% decrease from the last price of $34.99.
Month Average Low High Change from today's price
January, 2030 $19.81 $17.83 $19.84 -43.39%
February, 2030 $20.14 $19.34 $20.77 -42.44%
March, 2030 $20.68 $19.78 $21.20 -40.89%
April, 2030 $21.00 $19.54 $21.84 -39.98%
May, 2030 $21.21 $20.72 $21.87 -39.37%
June, 2030 $21.51 $19.81 $21.73 -38.53%
July, 2030 $21.36 $20.56 $21.88 -38.95%
August, 2030 $21.28 $21.02 $21.70 -39.19%
September, 2030 $21.92 $21.11 $22.03 -37.36%
October, 2030 $24.51 $21.79 $24.91 -29.95%
November, 2030 $11.68 $10.67 $24.68 -66.62%
December, 2030 $9.2897 $4.2348 $14.49 -73.45%
closed_end_fund_equity UTF
$26.15
price up icon 1.32%
closed_end_fund_equity ETY
$14.96
price up icon 0.00%
closed_end_fund_equity ADX
$20.37
price down icon 0.73%
closed_end_fund_equity KYN
$13.51
price up icon 1.73%
closed_end_fund_equity GDV
$25.30
price down icon 0.12%
Cap:     |  Volume (24h):