Truist Securities Initiates Coverage of CenterPoint Energy (BIT:1CNP) with Buy Recommendation

Truist Securities Initiates Coverage of CenterPoint Energy (BIT:1CNP) with Buy Recommendation

2026-04-25 16:40
IT

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.

See our leaderboard of companies with the largest price target upside.

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.

Fintel data has been cited in the following publications:
Daily Mail Fox Business Business Insider Wall Street Journal The Washington Post Bloomberg Financial Times Globe and Mail
NASDAQ.com Reuters The Guardian Associated Press FactCheck.org Snopes Politifact
Federal Register The Intercept Forbes Fortune Magazine TheStreet Time Magazine Canadian Broadcasting Corporation International Business Times
Cambridge University Press Investopedia MarketWatch NY Daily News Entrepreneur Newsweek Barron's El Economista