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Consolidated Edison (ED) Gets a Sell from Goldman Sachs

Tipranks - Thu Apr 16, 7:19AM CDT

In a report released today, from Goldman Sachs maintained a Sell rating on Consolidated Edison, with a price target of $103.00.

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The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Consolidated Edison with a $110.79 average price target.

Based on Consolidated Edison’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4 billion and a net profit of $297 million. In comparison, last year the company earned a revenue of $3.67 billion and had a net profit of $310 million

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