RBC Capital analyst Shelby Tucker maintained a Hold rating on Consolidated Edison (NYSE:ED), Inc. on Friday, setting a price target of $83, which is approximately 17.96% above the present share price of $70.36.
Tucker expects Consolidated Edison, Inc. to post earnings per share (EPS) of $1.13 for the second quarter of 2020.
The current consensus among 10 TipRanks analysts is for a Moderate Sell rating of shares in Consolidated Edison, with an average price target of $79.56.
The analysts price targets range from a high of $90 to a low of $73.5.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $3.23 billion and a net profit of $808 million. The company's market cap is $23.51 billion.
According to TipRanks.com, RBC Capital analyst Shelby Tucker is a 4-star analyst with an average return of 3.6% and a 59.4% success rate.
Consolidated Edison Co. of New York, Inc. engages in the distribution of electric power services. It operates through the following segments: Electric, Gas, and Steam. The company was founded in 1884 and is headquartered in New York, NY.
