# CenterPoint Energy, Inc. – Consensus ‘buy’ rating and 14.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/centerpoint-energy-inc.consensus-buy-rating-and-14.0-upside-potential/4121132407
- Published: 2023-11-09T13:03:56+00:00
- Author: Charlotte Edwards

**CenterPoint Energy, Inc.** with ticker code (CNP) now have 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 with the average target price sitting
at $31.00. Now with the previous closing price of $27.19 this indicates there is
a potential upside of 14.0%. It’s also worth noting that there is a 50 day moving
average of $27.57 and the 200 day MA is $28.85. The company has a market cap of 
16.95B. The current share price for the company is: $26.86 USD

 The potential market cap would be $19,330,452,177 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 21.32, 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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