South Jersey Industries – Consensus Indicates Potential 7.7% Upside

Broker Ratings

South Jersey Industries found using ticker (SJI) now have 9 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 36 and 19 calculating the mean target price we have 26.89. Now with the previous closing price of 24.97 this now indicates there is a potential upside of 7.7%. The day 50 moving average is 21.21 while the 200 day moving average is 23.06. The market capitalisation for the company is $2,481m. Find out more information 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.

Share on Stocktwits

Good news travels fast (but only if you make that happen):

Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on facebook
Facebook
Share on email
Email
Share on whatsapp
WhatsApp

AIM All Share Index