tiprankstipranks
Blurbs

Consolidated Edison (ED) Gets a Buy Rating from Mizuho Securities

Mizuho Securities analyst Anthony Crowdell maintained a Buy rating on Consolidated Edison (EDResearch Report) yesterday and set a price target of $100.00. The company’s shares closed last Friday at $95.81, close to its 52-week high of $99.22.

According to TipRanks.com, Crowdell is a 4-star analyst with an average return of 4.2% and a 65.0% success rate. Crowdell covers the Utilities sector, focusing on stocks such as Pinnacle West Capital, Centerpoint Energy, and Dominion Energy.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Consolidated Edison with a $87.90 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Based on Consolidated Edison’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $4.06 billion and net profit of $602 million. In comparison, last year the company earned revenue of $3.68 billion and had a net profit of $419 million.

Based on the recent corporate insider activity of 144 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Read More on ED:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
---

Latest News Feed