SunTrust Robinson Sticks to Their Hold Rating for Centerpoint Energy

By Jason Carr

SunTrust Robinson analyst Ali Agha reiterated a Hold rating on Centerpoint Energy (NYSE: CNP) today and set a price target of $27. The company’s shares opened today at $26.75.

According to TipRanks.com, Agha is a 4-star analyst with an average return of 5.7% and a 59.0% success rate. Agha covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, American Electric Power, and Great Plains Energy Inc.

Centerpoint Energy has an analyst consensus of Moderate Sell, with a price target consensus of $27.33.

The company has a one-year high of $30.45 and a one-year low of $25.84. Currently, Centerpoint Energy has an average volume of 4.61M.

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CenterPoint Energy, Inc. is a holding company, which engages in power generation and distribution. It operates through the following segments: Electric Transmission & Distribution; Natural Gas Distribution; Energy Services; Midstream Investments; and Other Operations.