# CenterPoint Energy, Inc. – Consensus ‘buy’ rating and 10.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/centerpoint-energy-inc.consensus-buy-rating-and-10.3-upside-potential/4121127941
- Published: 2023-09-20T14:02:38+01:00
- Author: Charlotte Edwards

**CenterPoint Energy, Inc.** with ticker code (CNP) now have 14 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 and 28 calculating the 
mean target price we have $32.14. Given that the stocks previous close was at $29.15
this now indicates there is a potential upside of 10.3%. The 50 day moving average
now sits at $29.02 and the 200 moving average now moves to $29.41. The company has
a market capitalization of 18.29B. The current share price for the company is: 28.98
USD

 The potential market cap would be $20,167,945,924 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 25.2, revenue per share of 14.71
and a 2.74% 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.

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