# CenterPoint Energy, Inc. – Consensus ‘buy’ rating and 9.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/centerpoint-energy-inc.consensus-buy-rating-and-9.0-upside-potential/4121134905
- Published: 2023-12-01T13:22:45+00:00
- Author: Charlotte Edwards

**CenterPoint Energy, Inc.** with ticker code (CNP) have now 15 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The target price
High/Low ranges between $34.00 and $27.00 with the average target price sitting 
at $30.40. Given that the stocks previous close was at $27.89 this now indicates
there is a potential upside of 9.0%. The 50 day MA is $27.36 and the 200 moving 
average now moves to $28.70. The company has a market capitalization of 17.84B. 
The current share price for the company is: $28.27 USD

 The potential market cap would be $19,450,662,540 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 22.44, 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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