# CenterPoint Energy, Inc. – Consensus ‘buy’ rating and 16.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/centerpoint-energy-inc.consensus-buy-rating-and-16.1-upside-potential/4121126360
- Published: 2023-08-30T12:12:55+01:00
- Author: Charlotte Edwards

**CenterPoint Energy, Inc.** which can be found using ticker (CNP) have now 13 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 29 calculating
the mean target price we have $32.77. Now with the previous closing price of $28.22
and the analysts are correct then we can expect a percentage increase in value of
16.1%. There is a 50 day moving average of $29.27 and the 200 day MA is $29.53. 
The market capitalization for the company is 17.76B. The stock price is currently
at: 28.13 USD

 The potential market cap would be $20,617,933,684 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 24.46, 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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