Impact of Brokerage Rating on NiSource, Inc(NI)

Many NiSource, Inc(NI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. NiSource was Upgraded by Guggenheim to Buy on Jan 9, 2017. NiSource was Initiated by Goldman to Neutral on Dec 15, 2016. NiSource was Upgraded by Citigroup to Buy on Dec 14, 2016.

Company has reported several Insider transactions to the SEC, on Jan 9, 2017, Michael E Jesanis (director) purchased 12,000 shares at 22.53 per share price.On Nov 18, 2016, Pablo Vegas (EVP & President Columbia Gas) purchased 21,541 shares at 21.75 per share price.On Sep 1, 2016, Teresa M Smith (VP, Human Resources) sold 1,200 shares at 23.75 per share price.

NiSource Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.06 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.07.Analysts expectations of $ 789.87.During the same quarter in the previous year, the company posted $0.06 EPS.

NiSource, Inc (NYSE:NI) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.55 by 11 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 8 Brokerage Firms have advised hold.

NiSource, Inc (NYSE:NI) should head towards $24.71 per share according to 7 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $22 per share. The higher price estimate target is at $27 according to the Analysts.

NiSource, Inc (NYSE:NI) witnessed a decline in the market cap on Tuesday as its shares dropped 1.2% or 0.27 points. After the session commenced at $22.44, the stock reached the higher end at $22.47 while it hit a low of $22.145. With the volume soaring to 2,102,270 shares, the last trade was called at $22.25. The company has a 52-week high of $26.94. The company has a market cap of $7,181 million and there are 322,737,780 shares in outstanding. The 52-week low of the share price is $20.88.

NiSource Inc. is one of the largest fully-regulated utility companies in the United States, serving approximately 3.5 million natural gas customers and 500,000 electric customers across seven states through its local Columbia Gas and NIPSCO brands. Based in Merrillville, Indiana, NiSources more than 7,000 employees are focused on safely delivering reliable and affordable energy to their customers and communities they serve. NiSource has been designated a Worlds Most Ethical Company by the Ethisphere Institute since 2012 and is a member of the Dow Jones Sustainability – North America Index.

NiSource,

For any feedback and suggestions contact author at Tracy.Brand@thefoundersdaily.com

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