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 target price High/Low ranges between $34.00 and $28.00 calculating the mean target price we have $30.61. Given that the stocks previous close was at $27.46 this indicates there is a potential upside of 11.5%. Also worth taking note is the 50 day moving average now sits at $27.87 while the 200 day moving average is $28.23. The company has a market capitalization of 17.35B. The stock price is currently at: $27.40 USD
The potential market cap would be $19,336,757,255 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, 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.
