Evercore ISI analyst Durgesh Chopra maintained a Sell rating on Consolidated Edison (NYSE:ED), Inc. on Friday, setting a price target of $72, which is approximately 4.66% below the present share price of $75.52.
Chopra expects Consolidated Edison, Inc. to post earnings per share (EPS) of $1.23 for the third quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Moderate Sell rating of shares in Consolidated Edison, with an average price target of $74.25.
The analysts price targets range from a high of $80 to a low of $66.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $3.68 billion and a net profit of $860 million. The company's market cap is $26.66 billion.
According to TipRanks.com, Evercore ISI analyst Durgesh Chopra is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 10.7% and a 78.79% 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.