Empresa Distribuidora Y Comerci – Consensus Indicates Potential -8.0% Downside

Broker Ratings

Empresa Distribuidora Y Comerci with ticker code (EDN) have now 4 analysts in total covering the stock. The consensus rating is ‘Underperform’. The target price ranges between 5 and 2.9 calculating the average target price we see 4.28. Given that the stocks previous close was at 4.65 this would imply there is a potential downside of -8.0%. The day 50 moving average is 5.75 and the 200 moving average now moves to 6.06. The company has a market capitalisation of $403m. You can visit the company’s website by visiting: https://www.edenor.com

The potential market cap would be $371m based on the market concensus.

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Empresa Distribuidora y Comercializadora Norte Sociedad Anónima engages in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is a subsidiary of Empresa de Energía del Cono Sur S.A.

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