In a report released today, Christopher Turnure from J.P. Morgan maintained a Buy rating on Nisource Inc (NYSE: NI), with a price target of $28. The company’s shares opened today at $25.47.
According to TipRanks.com, Turnure is a 3-star analyst with an average return of 2.5% and a 61.4% success rate. Turnure covers the Utilities sector, focusing on stocks such as South Jersey Industries, Centerpoint Energy, and Dominion Resources.
Nisource Inc has an analyst consensus of Moderate Buy, with a price target consensus of $27, implying a 6.0% upside from current levels. In a report released today, KeyBanc also maintained a Buy rating on the stock with a $28 price target.
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The company has a one-year high of $28.11 and a one-year low of $22.44. Currently, Nisource Inc has an average volume of 3.68M.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock.
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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.
