The Weekly Investment Analysts’ Ratings Updates for Consolidated Edison (ED)

The Weekly Investment Analysts’ Ratings Updates for Consolidated Edison (ED)

Several brokerages have updated their recommendations and price targets on shares of Consolidated Edison (NYSE: ED) in the last few weeks:

Shares of Consolidated Edison Inc. (NYSE:ED) traded down 0.14% during midday trading on Wednesday, reaching $72.67. The company’s stock had a trading volume of 313,386 shares. The company has a market capitalization of $22.12 billion, a P/E ratio of 18.83 and a beta of 0.01. The stock has a 50 day moving average of $75.87 and a 200-day moving average of $76.33. Consolidated Edison Inc. has a 1-year low of $60.30 and a 1-year high of $81.88.

Consolidated Edison (NYSE:ED) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.69 by $0.09. Consolidated Edison had a net margin of 9.47% and a return on equity of 8.88%. During the same quarter in the previous year, the firm earned $0.78 earnings per share. On average, equities research analysts anticipate that Consolidated Edison Inc. will post $3.97 earnings per share for the current year.

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