Analysts have clear opinions on SJI.
There are 2 analysts on the Wall offering 12 month price targets for South Jersey Industries in the last 3 months. The average price target is $34.50 with a high forecast of $40.00 and a low forecast of $29.00. The average price target represents a 8.80% increase from the last price of $31.71.
South Jersey Industries, Inc. (SJI) is followed by 2 analysts on the street.
Stephen Byrd from Morgan Stanley rates it a Sell with a target of $29.00.
Similarly, 2 months ago Tate Sullivan of Maxim Group Reiterated a Buy with a target of $40.00.
The consensus on the street is null.
What does South Jersey Industries, Inc.(SJI) do ?
South Jersey Industries, Inc. is a holding company, which engages in the provision of energy-related products and services through its wholly-owned subsidiaries. It operates through the following segments: Gas Utility Operations; Wholesale Energy Operations; Retail Gas and Other Operations; Retail Electric Operations; On-Site Energy Production; Appliance Service Operations; and Corporate & Services. The Gas Utility Operations segment consists of natural gas distribution to residential, commercial, and industrial customers. The Wholesale Energy Operations segment includes the activities of South Jersey Resources Group and South Jersey Exploration. The Retail Gas and Other Operations segment is involved in the natural gas acquisition and transportation service business lines. The Retail Electric Operations segment refers to electricity acquisition and transportation to commercial, industrial, and residential customers. The On-Site Energy Production segment refers to Marina’s thermal energy facility and other energy-related projects. The Appliance Service Operations segment comprises of South Jersey Energy Service Plus, which serviced residential and small commercial HVAC systems, installed small commercial HVAC systems, provided plumbing services, and serviced appliances under warranty via a subcontractor arrangement as well as on a time and materials basis. The Corporate & Services segment refers to the costs incurred related to the agreement to Elizabethtown Gas and Elkton Gas. The company was founded in 1969 and is headquartered in Folsom, NJ.
South Jersey Industries, Inc. (SJI) Insider Trades
Multiple company employees have indulged in significant insider trading. South Jersey Industries, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
VP, Treasurer, Anthony Ann T : P – Purchase(+$11,500) of SJI in the trading session of 2018-12-19.
Chairman Higgins Walter M : P – Purchase(+$137,318) of SJI in the trading session of 2018-12-14.
Pres, CEO Renna Michael J : P – Purchase(+$99,892) of South Jersey Industries, Inc. in the trading session of 2018-12-12.
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