Vectren Corp
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What’s Next for CenterPoint Energy Stock?
CenterPoint Energy (CNP) rose 3.6% after J.P. Morgan upgraded it from neutral to overweight on September 5.
CenterPoint Energy’s and Vectren’s Price Target Changes
Of the 14 analysts covering CNP on May 1, one recommended “buy,” 12 recommended “hold,” and one recommended “sell.”
How CenterPoint Energy Stock’ Valuation Compares
CenterPoint Energy (CNP) stock is presently trading at a PE (price-to-earnings) multiple of 16x, lower than its historical average.
What’s Next for CenterPoint Energy Stock?
CenterPoint Energy (CNP) stock has continued to trade close to its 52-week low after the company’s announcement to acquire Vectren (VVC) last week.
CenterPoint Energy to Buy Vectren in $6 Billion Deal
On April 23, Houston-based CenterPoint Energy (CNP) announced it would buy natural gas company Vectren (VVC) for $6.0 billion.
Vectren’s Stable Dividends over the Years
Vectren Corporation (VVC) is a $5 billion diversified utility in Indiana. It’s currently trading at a dividend yield of 2.9% and has increased dividends for the past 58 consecutive years.