# CenterPoint Energy, Inc. – Consensus ‘buy’ rating and 10.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/centerpoint-energy-inc.consensus-buy-rating-and-10.4-upside-potential-2/4121133047
- Published: 2023-11-16T15:13:19+00:00
- Author: Charlotte Edwards

**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 $27.00 suggesting an average
Analsyt target price of $30.33. Given that the stocks previous close was at $27.47
and the analysts are correct then there would likely be a percentage uptick in value
of 10.4%. Also worth taking note is the 50 day moving average now sits at $27.52
and the 200 moving average now moves to $28.78. The company has a market cap of 
17.31B. The current share price for the company is: $27.43 USD

 The potential market cap would be $19,117,145,829 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 21.77, 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.

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