CenterPoint Energy (NYSE:CNP – Get Free Report) released its earnings results on Thursday. The utilities provider reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05, RTT News reports. CenterPoint Energy had a net margin of 8.28% and a return on equity of 9.71%. The business had revenue of $1.86 billion […]
CenterPoint Energy (NYSE:CNP – Get Free Report) had its price target lowered by research analysts at Barclays from $28.00 to $27.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has an “underweight” rating on the utilities provider’s stock. Barclays‘s target price would indicate a potential downside of 0.81% from the stock’s […]
The selloff in the utilities sector has created historically attractive buying opportunities for a number of stocks, KeyBanc Capital's Sophie Karp wrote.