NiSource (NI) Stock Forecast & Price Target

$37.71 -0.14 (-0.37%)

(As of 11/22/2024 ET)

NiSource - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy

Based on 8 Analyst Ratings

Sell
0

Hold
0

Buy
8

Based on 8 Wall Street analysts who have issued ratings for NiSource in the last 12 months, the stock has a consensus rating of "Buy." Out of the 8 analysts, 8 have given a buy rating for NI.

Consensus Price Target

$37.50
-0.56% Downside

According to the 8 analysts' twelve-month price targets for NiSource, the average price target is $37.50. The highest price target for NI is $40.00, while the lowest price target for NI is $34.00. The average price target represents a forecasted downside of -0.56% from the current price of $37.71.

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NI Analyst Ratings Over Time

Type	Current Forecast 11/25/23 to 11/24/24	1 Month Ago 10/26/23 to 10/25/24	3 Months Ago 8/27/23 to 8/26/24	1 Year Ago 11/25/22 to 11/25/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	7 Buy rating(s)	5 Buy rating(s)	3 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$37.50	$36.29	$31.00	$29.29
Forecasted Upside	-0.56% Downside	4.21% Upside	-5.52% Downside	12.21% Upside
Consensus Rating	Buy	Buy	Buy	Buy

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NI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

NiSource Stock vs. The Competition

Type	NiSource	Utilities Companies	S&P 500
Consensus Rating Score	3.00	2.50	2.50
Consensus Rating	Buy	Hold	Moderate Buy
Predicted Upside	-0.56% Downside	21.43% Upside	7.66% Upside
News Sentiment Rating	Positive News See Recent NI News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
11/1/2024	Mizuho 2 of 5 stars	Boost Target	Outperform ➝ Outperform	$38.00 ➝ $40.00	+15.64%
10/28/2024	Jefferies Financial Group 2 of 5 stars	Initiated Coverage	Buy	$39.00	+10.95%
10/23/2024	JPMorgan Chase & Co. 3 of 5 stars	Boost Target	Overweight ➝ Overweight	$36.00 ➝ $38.00	+8.02%
10/21/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$35.00 ➝ $38.00	+7.80%
10/16/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$35.00 ➝ $38.00	+9.16%
9/12/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$37.00	+9.96%
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9/12/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$34.00 ➝ $36.00	+7.29%
8/8/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$32.00 ➝ $34.00	+9.47%
10/9/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$30.00 ➝ $27.00	+8.91%
10/6/2023	LADENBURG THALM/SH SH Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$25.00	+4.91%
6/6/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$31.00	+15.80%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 10:49 PM ET.

NI Forecast - Frequently Asked Questions

: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for NiSource is $37.50, with a high forecast of $40.00 and a low forecast of $34.00.
: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NiSource in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NI shares.
: According to analysts, NiSource's stock has a predicted downside of -0.56% based on their 12-month stock forecasts.
: NiSource has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Jefferies Financial Group, JPMorgan Chase & Co., Mizuho, and Wells Fargo & Company in the past 90 days.
: Analysts like NiSource more than other "utilities" companies. The consensus rating for NiSource is Buy while the average consensus rating for "utilities" companies is Hold. Learn more on how NI compares to other companies.

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This page (NYSE:NI) was last updated on 11/24/2024 by MarketBeat.com Staff

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NiSource (NI) Stock Forecast & Price Target