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

Rating:
Buy CNP
up 0.42 %

Centerpoint Energy, Inc (holding Co) (CNP) upgraded to Buy with price target $20 by Deutsche Bank

Posted on: Friday,  Aug 5, 2011  1:25 PM ET by Deutsche Bank

Deutsche Bank rated Buy Centerpoint Energy, Inc (holding Co) (NYSE: CNP) on 08/05/2011, when the stock price was $18.67.
Since then, Centerpoint Energy, Inc (holding Co) has gained 0.43% as of 01/12/2016's recent price of $18.75.
If you would have followed this Deutsche Bank's recommendation on CNP, you would have gained 0.42% of your investment in 1621 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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/5/2011 1:25 PM Buy
None
18.67 20.00
as of 12/30/2011
1 Week down  -0.64 %
1 Month up  0.95 %
3 Months up  2.39 %
1 YTD up  7.16 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/2/2011 2:25 PM Hold
None
15.65 16.00
10/12/2010 4:25 PM Buy
None
16.16 17.00
5/20/2010 1:25 PM Buy
None
13.47 16.50

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