NiSource (NYSE:NI) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 4 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 2 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $30.75, a high estimate of $32.00, and a low estimate of $29.00. This current average reflects an increase of 4.24% from the previous average price target of $29.50.
Exploring Analyst Ratings: An In-Depth Overview
The analysis of recent analyst actions sheds light on the perception of NiSource by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Nicholas Campanella | Barclays | Raises | Overweight | $31.00 | $30.00 |
| Durgesh Chopra | Evercore ISI Group | Raises | Outperform | $32.00 | $30.00 |
| James Thalacker | BMO Capital | Raises | Outperform | $31.00 | $30.00 |
| Nicholas Campanella | Barclays | Raises | Overweight | $29.00 | $28.00 |
Key Insights:
Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they ‘Maintain’, ‘Raise’, or ‘Lower’ their stance, it signifies their response to recent developments related to NiSource. This offers insight into analysts’ perspectives on the current state of the company.
Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from ‘Outperform’ to ‘Underperform’. These ratings reflect expectations for the relative performance of NiSource compared to the broader market.
Price Targets: Delving into movements, analysts provide estimates for the future value of NiSource’s stock. This analysis reveals shifts in analysts’ expectations over time.
To gain a panoramic view of NiSource’s market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings…
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