This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Utilities Companies: Nisource (NI) and Public Service Enterprise (PEG)

Tipranks - Thu Aug 6, 9:42AM CDT

Analysts fell to the sidelines weighing in on Nisource (NI) and Public Service Enterprise (PEG) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Claim 55% Off TipRanks

Nisource (NI)

Evercore ISI analyst Nicholas Amicucci reiterated a Hold rating on Nisource today and set a price target of $52.00. The company’s shares closed last Wednesday at $42.18.

According to TipRanks.com, Amicucci is a 3-star analyst with an average return of 6.8% and a 41.6% success rate. Amicucci covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Consolidated Edison, and XPLR Infrastructure. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nisource with a $51.00 average price target, which is a 18.7% upside from current levels. In a report released today, TipRanks – DeepSeek also downgraded the stock to Hold with a $49.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Public Service Enterprise (PEG)

In a report released today, Richard Sunderland from Truist Financial maintained a Hold rating on Public Service Enterprise. The company’s shares closed last Wednesday at $75.41.

According to TipRanks.com, Sunderland is a 3-star analyst with an average return of 2.9% and a 47.9% success rate. Sunderland covers the Utilities sector, focusing on stocks such as American Electric Power, Pinnacle West Capital, and Edison International. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Public Service Enterprise with a $85.80 average price target, a 12.7% upside from current levels. In a report released today, TipRanks – PerPlexity also downgraded the stock to Hold with a $83.00 price target.

Read More on NI:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.