# CenterPoint Energy, Inc. – Consensus ‘buy’ rating and 9.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/centerpoint-energy-inc.consensus-buy-rating-and-9.9-upside-potential/4121133721
- Published: 2023-11-22T12:44:04+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 range between the high target price and low target price is between $34.00 and
$27.00 calculating the mean target price we have $30.33. Given that the stocks previous
close was at $27.59 this is indicating there is a potential upside of 9.9%. Also
worth taking note is the 50 day moving average now sits at $27.48 and the 200 day
moving average is $28.74. The company has a market capitalization of 17.36B. The
current share price for the company is: $27.50 USD

 The potential market cap would be $19,082,571,409 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 21.83, 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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