Credit Suisse (SIX:CSGN) analyst Michael Weinstein W. maintained a Hold rating on Consolidated Edison (NYSE:ED), Inc. on Wednesday, setting a price target of $81, which is approximately 0.39% below the present share price of $81.32.
Weinstein W. expects Consolidated Edison, Inc. to post earnings per share (EPS) of $0.57 for the fourth quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Hold rating of shares in Consolidated Edison, with an average price target of $78.5.
The analysts price targets range from a high of $83 to a low of $72.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $2.72 billion and a net profit of $479 million. The company's market cap is $27.2 billion.
According to TipRanks.com, Credit Suisse analyst Michael Weinstein W. is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 30.2% and a 63.71% 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.