▲ +9.22% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for NiSource in the last 3 months. The average price target is $26.89, with a high forecast of $31.00 and a low forecast of $23.00. The average price target represents a 9.22% upside from the last price of $24.62.
The current consensus among 9 polled investment analysts is to buy stock in NiSource. This Buy consensus rating has held steady for over two years.
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 service 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; three gas-fired generating units with a capacity of 186 MW; and two hydroelectric generating plants with a capacity of 10 MW. It serves approximately 3.5 million natural gas customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, and Massachusetts; and 476,000 electricity customers in the northern part of Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.