Analysts have been eager to weigh in on the Utilities sector with new ratings on Ameren (AEE – Research Report) and Consolidated Edison (ED – Research Report).
Morgan Stanley analyst Stephen Byrd maintained a Hold rating on Ameren today and set a price target of $86.00. The company’s shares closed last Friday at $83.62.
According to TipRanks.com, Byrd is a 5-star analyst with an average return of
Ameren has an analyst consensus of Moderate Buy, with a price target consensus of $89.86.
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Consolidated Edison (ED)
Morgan Stanley analyst David Arcaro maintained a Sell rating on Consolidated Edison today and set a price target of $73.00. The company’s shares closed last Friday at $88.79.
According to TipRanks.com, Arcaro is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Consolidated Edison with a $82.11 average price target, a -9.6% downside from current levels. In a report issued on November 4, Wells Fargo also maintained a Sell rating on the stock with a $87.00 price target.
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