Where Consolidated Edison Stands With Analysts
Portfolio Pulse from Benzinga Insights
Consolidated Edison (NYSE:ED) has received 8 analyst ratings in the last quarter, all of which are either indifferent or somewhat bearish. The average 12-month price target among these analysts is $81.5, with a high of $94.00 and a low of $71.00. This target represents a 2.98% decrease from the previous target of $84.00. Analyst ratings are opinions based on financial analysis and are updated quarterly.
November 21, 2023 | 5:00 pm
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NEGATIVE IMPACT
Consolidated Edison has not received any bullish ratings in the last quarter, with 4 indifferent and 4 somewhat bearish ratings. The average price target has decreased by 2.98% to $81.5.
The lack of bullish ratings and the decrease in the average price target suggest that analysts are not optimistic about ED's short-term growth potential, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100