NiSource Inc. (NYSE:NI) price target upped to $25.00, reported today by Credit Suisse Group AG
- Updated: September 17, 2016
In a report announced on 8/19/2016 Credit Suisse Group AG raised the target price of NiSource Inc. (NYSE:NI) from $0 to $25 stating a possible upside of 0.01%.
Previously on 8/19/2016, Credit Suisse released a statement for NiSource Inc.(NYSE:NI) upped the target price from $0.00 to $25.00 that suggested an upside of 0.00%.
Only yesterday NiSource Inc. (NYSE:NI) traded 1.99% higher at $24.82. NiSource Inc.’s 50-day average is $24.70 and its two hundred day average is $24.21. The last stock close is up 0.38% from the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. Volume of trade was was up over the average, with 3,700,801 shares of NI changing hands over the typical 2,981,850 shares..
Recent Performance Graph:
NiSource Inc. has a 52 week low of $16.86 and a one-year high of $26.94 with a P/E ratio of 29 and has a market capitalization of $0.0.
A total of 9 analysts have released a research note on NI. One analyst rate the stock a strong buy, two analysts rate the company a buy, eight analyts rate the stock a hold, 0 rate the company to underperform, and lastly 0 analystsrate the stock as sell with a 12-month target of $22.29
Brief Synopsis About NiSource Inc. (NYSE:NI)
NiSource Inc. is an energy holding company. The Company is engaged in the distribution of natural gas. The Company operates through two business segments: Gas Distribution Operations and Electric Operations. The Gas Distribution Operations segment provides natural gas service and transportation for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts. Its natural gas distribution operations operate approximately 59, 000 miles of pipeline. The Electric Operations segment provides electric service in approximately 20 counties in the northern part of Indiana. The Company’s principal subsidiaries include NiSource Gas Distribution Group, Inc., a natural gas distribution holding company, and NIPSCO, and a gas and electric company. NIPSCO owns and operates approximately three coal-fired electric generating stations. NiSource Finance Corporation (NiSource Finance) is a consolidated finance subsidiary of the Company.
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