CenterPoint Energy, Inc (Holdin found using ticker (CNP) have now 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 34 and 30 with the average target price sitting at 32.07. With the stocks previous close at 28.41 this would indicate that there is a potential upside of 12.9%. The day 50 moving average is 29.66 while the 200 day moving average is 30. The company has a market cap of $17,962m. Company Website: https://www.centerpointenergy.com
The potential market cap would be $20,276m based on the market concensus.
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric and Natural Gas segments. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as optimizes assets in the wholesale power market. The Natural Gas segment engages in the intrastate natural gas sales, natural gas transportation and distribution for residential, commercial, industrial and institutional customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio, and Texas; permanent pipeline connections through interconnects with various interstate and intrastate pipeline companies; and provision of home appliance maintenance and repair services to customers in Minnesota and home repair protection plans to natural gas customers in Indiana, Mississippi, Ohio, and Texas through a third party. As of December 31, 2022, it served approximately 2,534,730 metered customers; owned 349 substations with transformer capacity of 78,956 megavolt amperes; and owned and operated 217 miles of intrastate pipeline in Louisiana, Texas, and Oklahoma. The company was founded in 1866 and is headquartered in Houston, Texas.
