Consolidated Edison Inc. (NYSE:ED) stock price target lowered to $77.00, reported today by Barclays Capital
- Updated: September 25, 2016
Barclays Capital bumped down the target of Consolidated Edison Inc. (NYSE:ED) to $77.00 stating a potential upside of 0.01%.
On 9/14/2016, Vetr Inc. released a statement on Consolidated Edison Inc. (NYSE:ED) bumped up the target price from $0.00 to $77.14 that suggested an upside of 0.05%.
Boasting a price of $76.54, Consolidated Edison Inc. (NYSE:ED) traded -0.22% lower on the day. With the last close up 3.28% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Consolidated Edison Inc. has recorded a 50-day average of $76.23 and a two hundred day average of $76.18. Volume of trade was down over the average, with 1,239,138 shares of ED changing hands under the typical 1,859,910
Recent Performance Chart
Consolidated Edison Inc. has price-earnings ratio of 20.39 with a one year low of $60.30 and a 52 week high of $81.88 and has a market capitalization of $0.
In addition to Barclays Capital reporting its stock price target, a total of 13 brokers have issued a research note on the stock. The consensus target price is $69.46 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 12 firms rating the stock a hold, 4 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
General Information About Consolidated Edison Inc. (NYSE:ED)
Consolidated Edison, Inc. (Con Edison) is a holding company. The Company operates through its subsidiaries, which include Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and Con Edison Transmission, Inc. It owns competitive energy businesses. The Company also owns Con Edison Transmission, Inc. (Con Edison Transmission), which invests in electric and gas transmission projects through its subsidiaries, Consolidated Edison Transmission, LLC (CET Electric) and Con Edison Gas Midstream, LLC (CET Gas). CECONY is a provider of electricity, natural gas and steam to customers in New York City and Westchester County. O&R delivers electricity and natural gas to customers located in south-eastern New York, northern New Jersey and north eastern Pennsylvania. Con Edison provides energy-related products and services to wholesale and retail customers, and develops, owns and operates renewable and energy infrastructure projects.
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