Truist Securities Initiates Coverage of CenterPoint Energy (BIT:1CNP) with Buy Recommendation
Fintel reports that on April 21, 2026, Truist Securities initiated coverage of CenterPoint Energy (BIT:1CNP) with a Buy recommendation.
Analyst Price Forecast Suggests 9.62% Upside
As of April 15, 2026, the average one-year price target for CenterPoint Energy is €38.99/share. The forecasts range from a low of €32.89 to a high of €45.21. The average price target represents an increase of 9.62% from its latest reported closing price of €35.57 / share.
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The projected annual revenue for CenterPoint Energy is 9,773MM, an increase of 3.84%. The projected annual non-GAAP EPS is 1.90.
What is the Fund Sentiment?
There are 799 funds or institutions reporting positions in CenterPoint Energy. This is an decrease of 616 owner(s) or 43.53% in the last quarter. Average portfolio weight of all funds dedicated to 1CNP is 0.11%, an increase of 56.61%. Total shares owned by institutions decreased in the last three months by 23.89% to 646,146K shares.
What are Other Shareholders Doing?
Capital International Investors holds 86,030K shares representing 13.15% ownership of the company. In its prior filing, the firm reported owning 87,130K shares , representing a decrease of 1.28%. The firm decreased its portfolio allocation in 1CNP by 5.27% over the last quarter.
T. Rowe Price Investment Management holds 41,629K shares representing 6.36% ownership of the company. In its prior filing, the firm reported owning 51,492K shares , representing a decrease of 23.69%. The firm increased its portfolio allocation in 1CNP by 38.44% over the last quarter.
Capital Research Global Investors holds 20,942K shares representing 3.20% ownership of the company. In its prior filing, the firm reported owning 20,707K shares , representing an increase of 1.12%. The firm decreased its portfolio allocation in 1CNP by 1.68% over the last quarter.
Geode Capital Management holds 17,024K shares representing 2.60% ownership of the company. In its prior filing, the firm reported owning 16,857K shares , representing an increase of 0.98%. The firm decreased its portfolio allocation in 1CNP by 3.45% over the last quarter.
Boston Partners holds 14,007K shares representing 2.14% ownership of the company. In its prior filing, the firm reported owning 14,434K shares , representing a decrease of 3.05%. The firm decreased its portfolio allocation in 1CNP by 3.35% over the last quarter.