Empresa Distribuidora Y Comerci – Consensus Indicates Potential 43.7% Upside

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Empresa Distribuidora Y Comerci with ticker code (EDN) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Underperform’. The target price ranges between 8.33 and 3 and has a mean target at 4.87. Given that the stocks previous close was at 3.39 this is indicating there is a potential upside of 43.7%. The 50 day moving average now sits at 3.18 and the 200 day moving average is 3.59. The company has a market cap of $344m. You can visit the company’s website by visiting: http://www.edenor.com

Empresa Distribuidora y Comercializadora Norte S.A., a public service company, engages in the distribution and sale of electricity in Argentina. It serves approximately 9 million people in the northwestern part of the greater Buenos Aires metropolitan area and the northern part of the City of Buenos Aires through the concession of 4,637 square kilometers. The company was formerly known as Empresa Distribuidora Norte Sociedad Anónima and changed its name to Empresa Distribuidora y Comercializadora Norte S.A. in June 1996. The company was founded in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte S.A. is a subsidiary of Pampa Energía S.A.

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