How Analysts Feel About CenterPoint Energy, Inc. (NYSE:CNP)?

CenterPoint Energy, Inc. (NYSE:CNP) Logo
Investors sentiment increased to 1.13 in Q1 2019. Its up 0.08, from 1.05 in 2018Q4. It is positive, as 37 investors sold CenterPoint Energy, Inc. shares while 161 reduced holdings. 67 funds opened positions while 157 raised stakes. 365.34 million shares or 3.39% less from 378.14 million shares in 2018Q4 were reported.
Central National Bank And Tru has invested 0% in CenterPoint Energy, Inc. (NYSE:CNP). Gsa Prtn Ltd Liability Partnership invested in 0.12% or 38,887 shares. Geode Capital Llc holds 0.06% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP) for 7.31 million shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.13% or 455,379 shares. 33 are held by Wealthtrust Fairport Ltd Liability Corp. Mairs And Pwr holds 6,798 shares or 0% of its portfolio. Optimum Inv Advisors invested 0.01% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). 403,613 were accumulated by Caisse De Depot Et Placement Du Quebec. Advsrs Ok reported 83,714 shares stake. Natixis Advisors Ltd Partnership accumulated 35,665 shares or 0.01% of the stock. Hanson And Doremus Inv invested in 0.07% or 7,309 shares. Legal And General Public Limited Liability Corporation reported 0.08% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). Citigroup has invested 0.04% in CenterPoint Energy, Inc. (NYSE:CNP). First Citizens Bank & Trust Trust Comm invested in 34,363 shares or 0.12% of the stock. Proshare Advisors Limited Com has 0.03% invested in CenterPoint Energy, Inc. (NYSE:CNP).

CenterPoint Energy, Inc. (NYSE:CNP) Ratings Coverage

Among 3 analysts covering Centerpoint Energy (NYSE:CNP), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Centerpoint Energy had 10 analyst reports since February 25, 2019 according to SRatingsIntel. The firm earned “Buy” rating on Monday, February 25 by Goldman Sachs. Barclays Capital upgraded the stock to “Overweight” rating in Tuesday, August 13 report. The company was maintained on Wednesday, March 20 by Barclays Capital. Credit Suisse maintained it with “Buy” rating and $32 target in Friday, March 1 report. Below is a list of CenterPoint Energy, Inc. (NYSE:CNP) latest ratings and price target changes.

13/08/2019 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Overweight Old Target: $33.0000 New Target: $31.0000 Upgrade
02/07/2019 Broker: Inc (Holding Co) Common Stock Rating: Goldman Sachs New Target: $31.0000 32.0000
13/06/2019 Broker: Inc (Holding Co) Common Stock Rating: Bank Of America
03/06/2019 Broker: Inc (Holding Co) Common Stock Rating: Mizuho 31.0000
15/05/2019 Broker: Inc (Holding Co) Common Stock Rating: Jp Morgan New Target: $33.0000 32.0000
29/03/2019 Broker: BidaskScore Rating: Hold Downgrade
20/03/2019 Broker: Barclays Capital Rating: Hold New Target: $34 Maintain
01/03/2019 Broker: Credit Suisse Rating: Buy New Target: $32 Maintain
28/02/2019 Broker: Wells Fargo Rating: Buy Maintain
25/02/2019 Broker: Goldman Sachs Rating: Buy New Target: $34 Initiate

The stock decreased 0.77% or $0.21 during the last trading session, reaching $27.5. About 4.73M shares traded or 3.39% up from the average. CenterPoint Energy, Inc. (NYSE:CNP) has risen 3.50% since August 14, 2018 and is uptrending. It has outperformed by 3.50% the S&P500.

CenterPoint Energy, Inc. operates as a public utility holding firm in the United States. The company has market cap of $13.81 billion. The companyÂ’s Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. It has a 24.31 P/E ratio. As of December 31, 2016, this segment owned 28,702 pole miles of overhead distribution lines and 3,692 circuit miles of overhead transmission lines; 23,937 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 232 substations with a capacity of 60,854 megavolt amperes.

More notable recent CenterPoint Energy, Inc. (NYSE:CNP) news were published by: Benzinga.com which released: “Earnings Scheduled For August 7, 2019 – Benzinga” on August 07, 2019, also Benzinga.com with their article: “5 Utilities Stocks Moving In Friday’s After-Market Session – Benzinga” published on August 02, 2019, Benzinga.com published: “CenterPoint Energy’s Earnings Outlook – Benzinga” on August 06, 2019. More interesting news about CenterPoint Energy, Inc. (NYSE:CNP) were released by: Benzinga.com and their article: “6 Utilities Stocks Moving In Wednesday’s After-Market Session – Benzinga” published on August 08, 2019 as well as 247Wallst.com‘s news article titled: “Plunging Interest Rates Have Utilities Back in the Spotlight: 4 Top Buys – 24/7 Wall St.” with publication date: August 08, 2019.

CenterPoint Energy, Inc. (NYSE:CNP) Institutional Positions Chart

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