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 12.88% above the present share price of $73.53.
Tucker expects Consolidated Edison, Inc. to post earnings per share (EPS) of $0.57 for the third quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Hold rating of shares in Consolidated Edison, with an average price target of $79.07.
The analysts price targets range from a high of $93 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 $24.6 billion.
According to TipRanks.com, RBC Capital analyst Shelby Tucker is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.8% and a 64.43% 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.