# CenterPoint Energy, Inc.  Share Price Target ‘$30.94’, now -.2% Downside Potential

- Link: https://www.directorstalkinterviews.com/centerpoint-energy-inc.share-price-target-30.94-now.2-downside-potential/4121162196
- Published: 2024-06-25T14:51:47+01:00
- 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 $29.00 suggesting an average analyst share price
target price of $30.94. (at the time of writing). Now with the previous closing 
price of $31.00 this indicates there is a potential downside of -.2%. The 50 day
MA is $29.70 while the 200 day moving average is $28.38. The company has a market
cap of 20.03B. The stock price for the company is currently $31.31 USD

 The potential market cap would be $19,990,992,212 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 22.05, 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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