South Jersey Industries – Consensus indicates upside potential of 27.6%

Southern Jersey industries found using ticker (SJI) now have 9 analysts covering the stock. Analyst consensus indicates a “Buy” rating. The range between the high target price and the low target price is between 36 and 24 with an average TP of 28.89. Now, with the previous closing price of 22.64, that would indicate there is a potential upside of 27.6%. The 50-day moving average is 23.28 and the 200-day moving average is 24.94. The company’s market capitalization is $ 2,536 million. For more information, visit: http://www.sjindustries.com

South Jersey Industries, through its subsidiaries, provides energy-related products and services. The company is engaged in the purchase, transportation and sale of natural gas. It also sells natural gas and pipeline transportation capacity wholesale to residential, commercial and industrial customers on the interstate pipeline system, as well as the transportation of natural gas purchased directly from producers or suppliers to customers. As of December 31, 2020, the Company had approximately 146.7 miles of pipe in the transmission network and 6,771 miles of pipe in the distribution system; and served 404,886 residential, commercial and industrial customers in southern New Jersey. In addition, it markets natural gas, raw material and transportation storage assets on a wholesale basis for energy traders, electric and gas utilities, power plants and natural gas producers in the central Atlantic, Appalachian and southern regions of the United States. In addition, the company owns and operates rooftop solar power generation sites. In addition, it holds oil, gas and mining rights in the Marcellus Shale area of ​​Pennsylvania; acquires and markets natural gas and electricity to retail end users, and provides total energy management, fuel management, energy supply and cost reduction services. The company was founded in 1910 and is headquartered in Folsom, New Jersey.

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