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

Rating:
Buy CNP
down 24.18 %

Centerpoint Energy, Inc (holding Co) (CNP) rated Buy with price target $22 by Argus

Posted on: Tuesday,  Jan 12, 2016  2:25 PM ET by Argus

Argus rated Buy Centerpoint Energy, Inc (holding Co) (NYSE: CNP) on 01/12/2016. Previously Argus rated Buy Centerpoint Energy, Inc (holding Co) (NYSE: CNP)
on 08/20/2014., when the stock price was $24.73. Since then, Centerpoint Energy, Inc (holding Co) has lost 24.18% as of 01/12/2016's recent price of $18.75.
If you would have followed the previous Argus's recommendation on CNP, you would have lost 24.18% of your investment in 510 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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/12/2016 2:25 PM Buy
None
17.21 22.00
as of 8/27/2015
1 Week down  -5.39 %
1 Month down  -3.05 %
3 Months down  -7.17 %
1 YTD down  -24.18 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/20/2014 12:00 AM Buy
None
24.73 29.00
7/25/2011 8:25 AM Hold
None
20.00

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