Credit Suisse (SIX:CSGN) analyst Michael Weinstein W. maintained a Buy rating on Nisource (NYSE:NI) Inc on Friday, setting a price target of $29, which is approximately 13.37% above the present share price of $25.58.
Weinstein W. expects Nisource Inc to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Nisource, with an average price target of $26.5.
The analysts price targets range from a high of $29 to a low of $25.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.21 billion and a net profit of $228.9 million. The company's market cap is $10.02 billion.
According to TipRanks.com, Credit Suisse analyst Michael Weinstein W. is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 38.7% and a 70.39% success rate.
NiSource, Inc. is a holding company, which engages in energy solutions. Through its subsidiaries, it provides natural gas, electricity, and other products and services. It operates through the following segments: Gas Distribution Operations and Electric Operations. The Gas Distribution Operations segment focuses in the natural gas service and transportation for residential, commercial, and industrial customers. The Electric Operations segment generates, transmits, and distributes electricity. The company was founded in 1987 and is headquartered in Merrillville, IN.