What 7 Analyst Ratings Have To Say About CenterPoint Energy
Portfolio Pulse from Benzinga Insights
CenterPoint Energy (NYSE:CNP) has received 7 analyst ratings in the last quarter, with 6 being somewhat bullish and 1 somewhat bearish. The average 12-month price target among these analysts is $29.43, with a high of $33.00 and a low of $27.00. This target reflects a 5.58% decrease from the previous target of $31.17.
November 21, 2023 | 3:00 pm
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CenterPoint Energy has a predominantly bullish outlook from analysts with 6 somewhat bullish and 1 somewhat bearish ratings. The average price target is now $29.43, down from $31.17.
The majority of analysts have a somewhat bullish stance on CNP, but the decrease in the average price target suggests a tempered expectation for growth. The impact on the stock price is likely to be neutral in the short term as the decrease is relatively modest and there are no strong bearish signals.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100