RBC Capital analyst Shelby Tucker maintained a Hold rating on Consolidated Edison (NYSE:ED), Inc. on Monday, setting a price target of $78, which is approximately 7.17% above the present share price of $72.78.
Tucker expects Consolidated Edison, Inc. to post earnings per share (EPS) of $1.23 for the third quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Sell rating of shares in Consolidated Edison, with an average price target of $75.33.
The analysts price targets range from a high of $82 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 $25.7 billion.
According to TipRanks.com, RBC Capital analyst Shelby Tucker is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 8.4% and a 70.60% 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.