CenterPoint Energy, Inc. (NYSE:CNP) gets upgraded to Overweight by JPMorgan Chase & Co. with a price target of $31.00

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Analyst Ratings For CenterPoint Energy, Inc. (NYSE:CNP)

Today, CenterPoint Energy, Inc. (NYSE:CNP) stock received an upgrade by JPMorgan Chase & Co. from Neutral to Overweight with a price target of $31.00.

There are 5 Hold Ratings, 3 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on CenterPoint Energy, Inc. (NYSE:CNP) is Hold with a consensus target price of $28.5714 per share, a potential 2.33% upside.

Some recent analyst ratings include

  • 9/5/2018-CenterPoint Energy, Inc. (NYSE:CNP) gets upgraded to Overweight by JPMorgan Chase & Co. with a price target of $31.00
  • 8/6/2018-CenterPoint Energy, Inc. (NYSE:CNP) had its Hold rating reiterated by SunTrust Banks with a $30.00 price target
  • 6/28/2018-CenterPoint Energy, Inc. (NYSE:CNP) gets upgraded to Neutral by Bank of America
  • 5/9/2018-CenterPoint Energy, Inc. (NYSE:CNP) gets upgraded to Outperform by Credit Suisse Group with a price target of $30.00
  • 5/7/2018-CenterPoint Energy, Inc. (NYSE:CNP) gets upgraded to Buy by Deutsche Bank
  • 2/23/2018-CenterPoint Energy, Inc. (NYSE:CNP) had its Hold rating reiterated by Guggenheim with a $28.00 price target

Recent Insider Trading Activity For CenterPoint Energy, Inc. (NYSE:CNP)
CenterPoint Energy, Inc. (NYSE:CNP) has insider ownership of 0.22% and institutional ownership of 77.28%.

  • On 8/8/2018 Milton Carroll, Insider, sold 10,000 with an average share price of $28.27 per share and the total transaction amounting to $282,700.00.
  • On 8/1/2018 Scott M. Prochazka, CEO, sold 4,000 with an average share price of $27.99 per share and the total transaction amounting to $111,960.00.
  • On 7/2/2018 Scott M. Prochazka, CEO, sold 4,000 with an average share price of $27.57 per share and the total transaction amounting to $110,280.00.
  • On 6/1/2018 Scott M Prochazka, CEO, sold 4,000 with an average share price of $25.75 per share and the total transaction amounting to $103,000.00.
  • On 5/15/2018 Milton Carroll, Chairman, sold 62,779 with an average share price of $26.10 per share and the total transaction amounting to $1,638,531.90.
  • On 5/8/2018 Ted Pound, Director, sold 3,200 with an average share price of $26.39 per share and the total transaction amounting to $84,448.00.
  • On 5/1/2018 Scott M. Prochazka, CEO, sold 4,000 with an average share price of $25.38 per share and the total transaction amounting to $101,520.00.

About CenterPoint Energy, Inc. (NYSE:CNP)
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company's Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. As of December 31, 2017, this segment owned 28,883 pole miles of overhead distribution lines and 24,662 circuit miles of underground distribution lines; and 235 substations with a transformer capacity of 64,924 megavolt amperes, as well as operated 14 regional service centers. Its Natural Gas Distribution segment sells regulated intrastate natural gas; provides natural gas transportation and storage services for residential, commercial, industrial, and transportation customers; and offers unregulated services comprising residential appliance repair and maintenance services. As of December 31, 2017, this segment owned approximately 75,000 linear miles of natural gas distribution mains. The company's Energy Services segment provides physical natural gas supplies primarily to commercial and industrial customers, and electric and natural gas utilities; natural gas management services; and physical delivery services, as well as procures and optimizes transportation and storage assets. This segment owns and operates approximately 200 miles of intrastate pipelines; and leases transportation capacity on various interstate and intrastate pipelines, and storage. Its Midstream Investments segment offers natural gas and crude oil gathering, and natural gas processing services to its producer customers; and interstate and intrastate natural gas pipeline transportation and storage services to its producer, power plant, local distribution company, and industrial end-user customers. The company was founded in 1882 and is based in Houston, Texas.

Recent Trading Activity for CenterPoint Energy, Inc. (NYSE:CNP)
Shares of CenterPoint Energy, Inc. closed the previous trading session at 27,92 +0,13 0,47 % with 27.65 shares trading hands.