BMO Capital analyst James Thalacker maintained a Hold rating on Centerpoint Energy (NYSE:CNP) on Friday, setting a price target of $27, which is approximately 1.24% above the present share price of $26.67.
Thalacker expects Centerpoint Energy to post earnings per share (EPS) of $0.38 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Strong Buy rating of shares in Centerpoint Energy, with an average price target of $28.6.
The analysts price targets range from a high of $31 to a low of $27.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.74 billion and a net profit of $296 million. The company's market cap is $15.81 billion.
According to TipRanks.com, BMO Capital analyst James Thalacker is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 5.9% and a 69.84% success rate.
CenterPoint Energy owns a portfolio of energy-related businesses. Its regulated electric utility provides transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio. The company has natural gas distribution systems in seven states serving approximately 4.5 million customers. CenterPoint owns approximately 54% of Enable Midstream (NYSE:ENBL) Partners, a partnership consisting of natural gas processing and storage facilities and more than 21,000 miles of interstate, intrastate, and gathering pipelines in the midcontinent region.