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Zacks Investment Research downgraded NiSource Inc. (NYSE:NI) to Hold in a report released today.

Zacks Investment Research has downgraded NiSource Inc. (NYSE:NI) to Hold in a report released on Thursday May 25, 2017.

Previously on 5/19/2017, Ladenburg Thalmann reported on NiSource Inc. (NYSE:NI) increased the target price from $0.00 to $27.00. At the time, this indicated a possible upside of 0.09%.

Just yesterday NiSource Inc. (NYSE:NI) traded 0.31% higher at $25.22. NiSource Inc.’s 50-day moving average is $26.30 and its 200-day moving average is $25.79. The last closing price is down 2.17% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 960,472 shares of NiSource Inc. exchanged hands, down from an avg. volume of 1,916,570

Performance Chart

NiSource Inc. (NYSE:NI)

With a total market value of $0, NiSource Inc. has price-earnings ratio of 30.56 with a one year low of $21.17 and a one year high of $27.29 .

A total of 9 analysts have released a research note on the stock. 1 firm rating the stock a strong buy, 2 equity analysts rating the company a buy, eight equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year 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 Company's 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. As of December 31, 2016, the Company's Electric Operations segment provided electric services in 20 counties in the northern part of Indiana. The Company's electric operations segment generated, transmitted and distributed electricity through the Company's subsidiary NIPSCO to approximately 466,000 customers in 20 counties in the northern part of Indiana and engaged in wholesale and transmission transactions, as of December 31, 2016. NIPSCO owned and operated three coal-fired electric generating stations, as of December 31, 2016.

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