NiSource Inc with ticker code (NI) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 32 and 27 and has a mean target at 29. Given that the stocks previous close was at 27.95 this would imply there is a potential upside of 3.8%. The 50 day moving average now sits at 26.14 and the 200 day MA is 25.36. The company has a market capitalisation of $11,125m. Company Website: https://www.nisource.com
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. The company operates through two segments, Gas Distribution Operations and Electric Operations. It provides natural gas services and transportation for residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and wholesale and transmission transaction services. The company owns and operates two coal-fired electric generating stations with a capacity of 2,080 megawatts (MW); combined cycle gas turbine with a capacity of 571 MW; two gas-fired generating units with a capacity of 155 MW; and two hydroelectric generating plants with a capacity of 10 MW. It serves approximately 4 million natural gas customers in six states under the Columbia Gas and NIPSCO brands; and 500,000 electricity customers in the northern part of Indiana. The company was formerly known as NIPSCO Industries and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
