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Zacks Investment Research downgraded CenterPoint Energy, Inc. (NYSE:CNP) to Hold in a report released today.

Just yesterday CenterPoint Energy, Inc. (NYSE:CNP) traded 0.88% higher at $28.11. The company’s 50-day moving average is $29.52 and its 200-day moving average is $28.59. The last closing price is down 4.04% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. Trade Volume was down over the average, with 1,603,681 shares of CNP changing hands under the typical 2,818,280

Zacks Investment Research has downgraded CenterPoint Energy, Inc. (NYSE:CNP) to Hold in a report released on 05/25/2017.

Previously on 03/16/2017, RBC Capital Markets reported on CenterPoint Energy, Inc. (NYSE:CNP) increased the target price from $17.00 to $28.00. At the time, this indicated a possible upside of 0.02%.

Recent Performance Chart

CenterPoint Energy, Inc. (NYSE:CNP)

CenterPoint Energy, Inc. has PE ratio of 21.25 with a one year low of $21.91 and a one year high of $30.45 and has a market capitalization of $0.

A total of 12 brokerages have released a report on CenterPoint Energy, Inc.. Three brokerages rating the company a strong buy, two brokerages rating the company a buy, nine brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $22.54.

General Company Details For CenterPoint Energy, Inc. (NYSE:CNP)

CenterPoint Energy, Inc. is a public utility holding company. The Company, through its subsidiaries, owns and operates electric transmission and distribution facilities, and natural gas distribution facilities. The Electric Transmission & Distribution segment provides electric transmission and distribution services to retail electric providers. Its Natural Gas Distribution segment offers intrastate natural gas sales to and natural gas transportation and distribution for residential, commercial and industrial customers. Its Energy Services segment includes non-rate regulated gas sales and transportation and storage services for commercial and industrial customers. Its Midstream Investments segment includes equity investment in Enable that owns, operates and develops natural gas and crude oil assets. Its Other Operations segment includes office buildings and other real estate used in its business operations and other corporate operations.

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