CenterPoint Energy, Inc. with ticker code (CNP) now have 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $34.00 and $27.00 suggesting an average Analsyt target price of $30.47. Given that the stocks previous close was at $29.24 and the analysts are correct then we can expect a percentage increase in value of 4.2%. Also worth taking note is the 50 day moving average now sits at $28.16 and the 200 moving average now moves to $28.75. The total market capitalization for the company now stands at 18.56B. The stock price for the company is currently $29.41 USD
The potential market cap would be $19,345,218,296 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 23.34, revenue per share of $14.63 and a 2.91% 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.
