Consolidated Edison – Consensus Indicates Potential 3.2% Upside

Broker Ratings

Consolidated Edison with ticker code (ED) now have 16 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 83.78 and 66 with a mean TP of 75.42. Given that the stocks previous close was at 73.07 this would imply there is a potential upside of 3.2%. The 50 day MA is 75.75 and the 200 moving average now moves to 75.39. The market cap for the company is $26,232m. Visit the company website at: http://www.conedison.com

Consolidated Edison, through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.5 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,576 customers in parts of Manhattan. It also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. The company operates 533 circuit miles of transmission lines; 15 transmission substations; 64 distribution substations; 89,673 in-service line transformers; 3,729 pole miles of overhead distribution lines; and 2,210 miles of underground distribution lines, as well as 4,341 miles of mains and 377,490 service lines for natural gas distribution. In addition, it owns, operates, and develops renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects. The company primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison was founded in 1823 and is based in New York, New York.

You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.

Share on Stocktwits
You might also enjoy reading  Consolidated Edison - Consensus Indicates Potential -4.6% Downside

Good news travels fast (but only if you make that happen). Share on:

Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on facebook
Facebook
Share on email
Email
Share on reddit
Reddit

AIM All Share Index