# CenterPoint Energy, Inc.  Share Price Target ‘$30.68’, now 5.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/centerpoint-energy-inc.share-price-target-30.68-now-5.0-upside-potential/4121154352
- Published: 2024-05-01T13:25:19+01:00
- Author: Charlotte Edwards

**CenterPoint Energy, Inc.** with ticker code (CNP) now have 15 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 $34.00 and $29.00 with the
average share target price sitting at $30.68. (at the time of writing). Now with
the previous closing price of $29.22 and the analysts are correct then there would
likely be a percentage uptick in value of 5.0%. The 50 day moving average now sits
at $28.08 and the 200 day moving average is $28.17. The market capitalization for
the company is 18.64B. The stock price for the company is currently is currently
$29.14 USD

 The potential market cap would be $19,572,997,407 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 21.27, revenue per share of $13.52
and a 2.9% 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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