Nisource Inc (NI) Receives a Hold from Barclays


In a report released yesterday, Eric Beaumont from Barclays maintained a Hold rating on Nisource Inc (NI), with a price target of $30. The company’s shares opened today at $28.89, close to its 52-week high of $29.51.

According to TipRanks.com, Beaumont is a 2-star analyst with an average return of -0.3% and a 50.0% success rate. Beaumont covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Consolidated Edison, Inc., and American Electric Power.

Nisource Inc has an analyst consensus of Moderate Buy, with a price target consensus of $29.

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The company has a one-year high of $29.51 and a one-year low of $24.19. Currently, Nisource Inc has an average volume of 2.7M.

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NiSource, Inc. is an holding company, which 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.

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