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CenterPoint Energy Inc has a consensus price target of $30.47 based on the ratings of 20 analysts. The high is $35 issued by B of A Securities on April 14, 2023. The low is $28 issued by BMO Capital on August 26, 2024. The 3 most-recent analyst ratings were released by Scotiabank, Wells Fargo, and Morgan Stanley on October 29, 2024, October 16, 2024, and September 25, 2024, respectively. With an average price target of $31.33 between Scotiabank, Wells Fargo, and Morgan Stanley, there's an implied -0.95% downside for CenterPoint Energy Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for CenterPoint Energy (NYSE:CNP) was reported by Scotiabank on October 29, 2024. The analyst firm set a price target for $30.00 expecting CNP to fall to within 12 months (a possible -5.17% downside). 26 analyst firms have reported ratings in the last year.
The latest analyst rating for CenterPoint Energy (NYSE:CNP) was provided by Scotiabank, and CenterPoint Energy maintained their sector perform rating.
The last upgrade for CenterPoint Energy Inc happened on October 5, 2023 when Keybanc raised their price target to $29. Keybanc previously had a sector weight for CenterPoint Energy Inc.
The last downgrade for CenterPoint Energy Inc happened on August 13, 2024 when Wells Fargo changed their price target from $32 to $28 for CenterPoint Energy Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CenterPoint Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for CenterPoint Energy was filed on October 29, 2024 so you should expect the next rating to be made available sometime around October 29, 2025.
While ratings are subjective and will change, the latest CenterPoint Energy (CNP) rating was a maintained with a price target of $28.00 to $30.00. The current price CenterPoint Energy (CNP) is trading at is $31.64, which is out of the analyst’s predicted range.
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