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A statement released earlier today by Zacks Investment Research about Empresa Distribuidora y Cmrz Nrt SA(ADR) (NYSE:EDN) bumps the target price to $22.00

Yesterday Empresa Distribuidora y Cmrz Nrt SA(ADR) (NYSE:EDN) traded 1.41% higher at $20.08. The company’s 50-day moving average is $17.91 and its 200-day moving average is $16.37. The last stock close price is up 22.67% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 99,515 shares of the stock were exchanged, up from an average trading volume of 39,706

Zacks Investment Research upped the target of Empresa Distribuidora y Cmrz Nrt SA(ADR) (NYSE:EDN) to $22.00 reporting a possible upside of 0.10%.

See Chart Below

Empresa Distribuidora y Cmrz Nrt SA(ADR) (NYSE:EDN)

Empresa Distribuidora y Cmrz Nrt SA(ADR) has a 52 week low of $11.97 and a 52 week high of $20.50 The company’s market cap is currently $0.

About Empresa Distribuidora y Cmrz Nrt SA(ADR) (NYSE:EDN)

Empresa Distribuidora y Comercializadora Norte S.A. is a public service company. The Company is engaged in electricity distribution in Argentina. It holds a concession to distribute electricity to the northwestern part of the greater Buenos Aires metropolitan area and in the northern part of the City of Buenos Aires. The Company's concession area of approximately 4,637 square kilometers is divided into three operating territories: Region I, which consists of over 251 square kilometers; Region II, which consists of approximately 1,761 square kilometers, and Region III, which consists of over 2,625 square kilometers. Region I includes Ciudad de Buenos Aires, San Isidro, Vicente Lopez, San Martin and Tres de Febrero districts. Region II includes La Matanza, Moron, Hurlingham, Ituzaingo, Merlo, Marcos Paz and Gral. Las Heras districts. Region III includes Pilar, Escobar, Tigre, San Fernando, San Miguel, Malvinas Argentinas, Jose C. Paz, Moreno and Gral. Rodriguez districts.

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