CenterPoint Energy, Inc. which can be found using ticker (CNP) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $34.00 and $28.00 suggesting an average Analsyt target price of $30.47. Now with the previous closing price of $27.50 this now indicates there is a potential upside of 10.8%. It’s also worth noting that there is a 50 day moving average of $28.08 and the 200 moving average now moves to $28.35. The total market capitalization for the company now stands at 17.33B. The stock price is currently at: $27.44 USD
The potential market cap would be $19,202,710,913 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 20.03, revenue per share of $13.78 and a 2.77% return on assets.
CenterPoint Energy, Inc. is a public utility holding company. The Company, through its subsidiaries, owns and operates electric transmission, distribution and generation and natural gas distribution facilities, and provides energy performance contracting and sustainable infrastructure services. Its segments include Electric and Natural Gas. Its Electric segment consists of electric transmission and distribution services. Its Natural Gas segment consists of intrastate natural gas sales to, and 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 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.
