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Centerpoint Energy (CNP) Receives a Hold from Barclays

Tipranks - Tipranks - Thu Apr 16, 4:06AM CDT

In a report released today, Nicholas Campanella from Barclays maintained a Hold rating on Centerpoint Energy, with a price target of $44.00.

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According to TipRanks, Campanella is a 5-star analyst with an average return of 12.8% and a 71.50% success rate. Campanella covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Dominion Energy, and Talen Energy Corp.

Currently, the analyst consensus on Centerpoint Energy is a Moderate Buy with an average price target of $45.44.

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Based on Centerpoint Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.51 billion and a net profit of $264 million. In comparison, last year the company earned a revenue of $2.26 billion and had a net profit of $248 million

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