J.P. Morgan analyst Christopher Turnure maintained a Buy rating on Nisource Inc (NYSE: NI) today and set a price target of $27. The company’s shares closed on Friday at $24.79.
According to TipRanks.com, Turnure is a 3-star analyst with an average return of 2.7% and a 61.8% success rate. Turnure covers the Utilities sector, focusing on stocks such as South Jersey Industries, Centerpoint Energy, and Dominion Resources.
Currently, the analyst consensus on Nisource Inc is a Moderate Buy with an average price target of $27.67.
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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 2.92M.
Based on the recent corporate insider activity of 40 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.
