Zacks Rating on CenterPoint Energy (CNP)

CenterPoint Energy (CNP) : 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on CenterPoint Energy (CNP). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 6 Wall Street Analysts endorse the stock as a Hold with a rating of 3.

CenterPoint Energy (CNP) : The consensus price target for CenterPoint Energy (CNP) is $24.75 for the short term with a standard deviation of $1.5. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $27, however, the pessimist price target for the company is $24.


Shares of CenterPoint Energy, Inc. appreciated by 3.25% during the last five trading days but lost 5.7% on a 4-week basis. CenterPoint Energy, Inc. is up 4.91% in the last 3-month period. Year-to-Date the stock performance stands at 29.18%. CenterPoint Energy (NYSE:CNP): On Tuesdays trading session , Opening price of the stock was $23 with an intraday high of $23.11. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $22.84. However, the stock managed to close at $22.85, a loss of 0.39% for the day. On the previous day, the stock had closed at $22.94. The total traded volume of the day was 2,244,084 shares.

CenterPoint Energy, Inc. is a public utility holding company. The companys segments include: Electric Transmission & Distribution, Natural Gas Distribution, Energy Services, Midstream Investments and Other Operations. Electric Transmission & Distribution provides electric transmission and distribution services to retail electric providers. Natural Gas Distribution offers intrastate natural gas sales to and natural gas transportation and distribution for residential, commercial, industrial and institutional customers. Energy Services includes non-rate regulated gas sales and services operations. Midstream Investments segment includes equity earnings associated with the operations of Enable Midstream Partners, LP and a 0.1% interest in Southeast Supply Header, LLC owned by CenterPoint Energy Resources Corp. Other Operations includes office buildings and other real estate used in its business operations and other corporate operations which support all of its business operations.

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