Skip to main content

Analysts Offer Insights on Utilities Companies: Centerpoint Energy (CNP) and Orsted (OtherDOGEF)

Tipranks - Tue Feb 24, 4:20AM CST

Analysts have been eager to weigh in on the Utilities sector with new ratings on Centerpoint Energy (CNPResearch Report) and Orsted (DOGEFResearch Report).

Claim 50% Off TipRanks Premium

Centerpoint Energy (CNP)

Wells Fargo analyst Shahriar Pourreza maintained a Buy rating on Centerpoint Energy on February 20 and set a price target of $47.00. The company’s shares closed last Friday at $43.00.

According to TipRanks.com, Pourreza is a 5-star analyst with an average return of 9.1% and a 69.1% success rate. Pourreza covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

Centerpoint Energy has an analyst consensus of Moderate Buy, with a price target consensus of $43.00, a 0.0% upside from current levels. In a report issued on February 19, TipRanks – DeepSeek also upgraded the stock to Buy with a $47.00 price target.

See today’s best-performing stocks on TipRanks >>

Orsted (DOGEF)

Citi analyst Jenny Ping maintained a Hold rating on Orsted today and set a price target of DKK139.00. The company’s shares closed last Friday at $25.00.

Ping has an average return of 7.0% when recommending Orsted. ;'>

According to TipRanks.com, Ping is ranked #2300 out of 12109 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Orsted with a $22.96 average price target, a -8.2% downside from current levels. In a report issued on February 9, Morgan Stanley also maintained a Hold rating on the stock with a DKK147.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.