Barclays analyst Eric Beaumont maintained a Hold rating on Nisource Inc (NI) on November 16 and set a price target of $27. The company’s shares closed on Friday at $25.69.
According to TipRanks.com, Beaumont is a 2-star analyst with an average return of -2.2% and a 50.0% success rate. Beaumont covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Centerpoint Energy, and Dominion Resources.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nisource Inc with a $27.17 average price target.
See today’s analyst top recommended stocks >>
Based on Nisource Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $895 million and GAAP net loss of $340 million. In comparison, last year the company earned revenue of $917 million and had a net profit of $14 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.
NiSource, Inc. is an holding company engages in energy solutions. Through its subsidiaries, it provides natural gas, electricity, and other products and services. It operates through the following segments: Gas Distribution Operations, Electric Operations, and Corporate and Other.
