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KeyBanc Reaffirms Their Sell Rating on Consolidated Edison (ED)

Tipranks - Tipranks - Wed Apr 22, 1:46AM CDT

In a report released today, Sophie Karp from KeyBanc maintained a Sell rating on Consolidated Edison, with a price target of $97.00.

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According to TipRanks, Karp is a 4-star analyst with an average return of 5.3% and a 55.69% success rate. Karp covers the Utilities sector, focusing on stocks such as Consolidated Edison, Entergy, and Exelon.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Consolidated Edison with a $112.08 average price target.

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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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