South Jersey Industries with ticker code (SJI) now have 9 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 36 and 19 with the average target price sitting at 27.56. Given that the stocks previous close was at 20.61 this is indicating there is a potential upside of 33.7%. The 50 day MA is 20.51 while the 200 day moving average is 24.17. The market cap for the company is $2,045m. Visit the company website at: http://www.sjindustries.com
South Jersey Industries, through its subsidiaries, provides energy-related products and services. The company engages in the purchase, transmission, and sale of natural gas. It also sells natural gas and pipeline transportation capacity on a wholesale basis to residential, commercial, and industrial customers on the interstate pipeline system, as well as transports natural gas purchased directly from producers or suppliers to customers. As of December 31, 2019, the company had approximately 146 miles of mains in the transmission system and 6,701 miles of mains in the distribution system; and served 397,090 residential, commercial, and industrial customers in southern New Jersey. In addition, it markets natural gas storage, commodity, and transportation assets on a wholesale basis for energy marketers, electric and gas utilities, power plants, and natural gas producers in the mid-Atlantic, Appalachian, and southern regions of the United States. Further, the company develops, owns, and operates energy related projects, including natural gas fueled combined heating, cooling and power, and landfill gas-to-energy production facilities, as well as solar-generation sites. Additionally, it owns oil, gas, and mineral rights in the Marcellus Shale region of Pennsylvania; acquires and markets natural gas and electricity to retail end users, as well as provides total energy management, fuel management, and procurement and cost reduction services. South Jersey Industries was founded in 1910 and is headquartered in Folsom, New Jersey.