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Enter Symbol:
Centerpoint Energy, Inc (holding Co) (CNP) [hlAlert]

down 8.75 %

Centerpoint Energy, Inc (holding Co) (CNP) rated Outperform by Wells Fargo

Posted on: Wednesday,  Aug 22, 2012  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Centerpoint Energy, Inc (holding Co) (NYSE: CNP) on 08/22/2012, when the stock price was $20.55.
Since then, Centerpoint Energy, Inc (holding Co) has lost 8.76% as of 01/12/2016's recent price of $18.75.
If you would have followed this Wells Fargo's recommendation on CNP, you would have lost 8.75% of your investment in 1238 days.

CenterPoint Energy, Inc. is a public utility holding company. Its indirect wholly owned subsidiaries include CenterPoint Energy Houston Electric, LLC (CenterPoint Houston), which engages in the electric transmission and distribution business in a 5,000-square mile area of the Texas Gulf Coast that includes Houston, and CenterPoint Energy Resources Corp. (CERC Corp.), which owns and operates natural gas distribution systems in six states. Subsidiaries of CERC Corp. own interstate natural gas pipelines and gas gathering systems, and provide various ancillary services. A wholly owned subsidiary of CERC Corp. offers variable and fixed-price physical natural gas supplies primarily to commercial and industrial customers and electric and gas utilities. The Company?s operating segments include Electric Transmission & Distribution, Natural Gas Distribution, Competitive Natural Gas Sales and Services, Interstate Pipelines, Field Services and Other Operations.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/22/2012 8:25 AM Buy
as of 12/31/2012
1 Week down  -0.72 %
1 Month down  -2.43 %
3 Months down  -9.62 %
1 YTD down  -6.32 %

(*) Stock Price at the time of the recommendation.
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