B of A Securities Downgrades Consolidated Edison to Underperform, Lowers Price Target to $68
B of A Securities analyst Julien Dumoulin-Smith downgrades Consolidated Edison (NYSE:ED) from Neutral to Underperform and lowers the price target from $74 to $68.
What 5 Analyst Ratings Have To Say About Consolidated Edison
Analysts have provided the following ratings for Consolidated Edison (NYSE:ED) within the last quarter:
Morgan Stanley Maintains Underweight on Consolidated Edison, Lowers Price Target to $74
Morgan Stanley maintains Consolidated Edison (NYSE:ED) with a Underweight and lowers the price target from $76 to $74.
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Looking into Consolidated Edison’s Return on Capital Employed
After pulling data from Benzinga Pro it seems like during Q2, Consolidated Edison (NYSE:ED) earned $418.00 million, a 51.4% increase from the preceding quarter. Consolidated Edison's sales decreased to $2.97 billion, a 19.2% change since Q1.
Morgan Stanley Maintains Underweight on Consolidated Edison, Raises Price Target to $76
Morgan Stanley analyst David Arcaro maintains Consolidated Edison (NYSE:ED) with a Underweight and raises the price target from $72 to $76.
Ex-Dividend Date Insight: Consolidated Edison
On July 15, 2021, Consolidated Edison (NYSE:ED) declared a dividend payable on September 15, 2021 to its shareholders. Consolidated Edison also announced that shareholders on the company's books on or before August 18, 2021 are entitled to the dividend.
Understanding Consolidated Edison’s Unusual Options Activity
Consolidated Edison (NYSE:ED) shares experienced unusual options activity on Monday. The stock price moved up to $75.66 following the option alert.
Consolidated Edison Q2 EPS $0.53 Misses $0.60 Estimate
Consolidated Edison (NYSE:ED) reported quarterly earnings of $0.53 per share which missed the analyst consensus estimate of $0.60 by 11.67 percent. This is a 11.67 percent decrease over earnings of $0.60 per share from