Analysts Shared Their Read on 2 Stocks: CenterPoint Energy, Inc. (CNP), Kinder Morgan, Inc. (KMI)

The opening price for CenterPoint Energy, Inc. (NYSE:CNP) was $29.68 and the volume amounted to 4.47 million shares which compares with the average volume of 2.68 million shares. The company stock experienced a 1.15% move to arrive at $30.01.

CenterPoint Energy, Inc. (CNP) Analyst Opinion

CenterPoint Energy, Inc. has a consensus hold rating from 15 Wall Street analysts, and the number of shares currently sold short amount to at least 1.22% of shares outstanding. The stock spiked 1.45% last month and is up 21.79 this year. Wall Street is only getting more bullish on the stock, with 2 of analysts who cover CNP having a buy-equivalent rating. Analysts have placed a $29.13 price target on CenterPoint Energy, Inc., suggesting a -2.93% decline from recent close. It’s currently trading about -1.44% below its 52-week high.

CenterPoint Energy, Inc. Earnings Surprise

CenterPoint Energy, Inc. (CNP) failed to surprise the stock market in its last reported earnings when it earned $0.38 a piece versus the consensus-estimated $0.39. Its revenue totaled $2.01 billion down -6.03% from the previous quarter.

CenterPoint Energy, Inc. (NYSE:CNP) Intraday View

This stock (CNP) is ahead of its 52-week low with 27.32%. Its last month’s stock price volatility remained 1.21% which for the week stands at 1.37%. The share price has moved forward from its 20 days moving average, trading at a distance of 1.73% and stays 2% away from its 50 days moving average. Over the last five days, shares have managed 2.95% gains and now is up 5.31% since hitting its 200-day moving average of $28.86. CenterPoint Energy, Inc. (CNP) has made its way to a 12-month gain of 25.78%.

Turning to Kinder Morgan, Inc. (NYSE:KMI), its shares were trading at $17.23 a gain of $0.47, on the trading floor. The stock, after opening at $16.77, touched a high of $17.26 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.2. Kinder Morgan, Inc. has 6 buy ratings, 8 holds and 0 sells even after the stock tumbled -25.12% from its high of $23.01 to a $38.28 billion market value through last close.

Kinder Morgan, Inc. (KMI) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.11 to 2.11 during a month. Analysts set a 12-month price target of $23.44 a share. The target implies a 36.04% spike from where the shares are currently trading. Also, the current price highlights a discount of 108.94% to analysts’ high consensus price target.

Kinder Morgan, Inc. (NYSE:KMI) Intraday Trading

The counter witnessed a trading volume of 28.19 million shares versus an average volume of 11.01 million shares during last trading session. Its last month’s stock price volatility remained 2.05% which for the week approaches 1.73%. The lowest price the stock reached in the last trading day was $16.77 and compares with the $16.68 52-week low. The stock recovered 3.3% since its low point and has performed -16.8% year-to-date.

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