Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Consolidated Edison (ED – Research Report) and Telus (TU – Research Report).
Consolidated Edison (ED)
In a report released today, Andrew Weisel from Scotiabank maintained a Sell rating on Consolidated Edison, with a price target of $89.00. The company’s shares closed last Friday at $90.07.
According to TipRanks.com, Weisel is a 2-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Consolidated Edison with a $88.00 average price target, representing a -4.1% downside. In a report issued on October 25, Morgan Stanley also maintained a Sell rating on the stock with a $71.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Telus (TU)
In a report released today, Maher Yaghi from Scotiabank reiterated a Buy rating on Telus, with a price target of C$27.00. The company’s shares closed last Friday at $17.74.
According to TipRanks.com, Yaghi is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Telus with a $19.84 average price target, a 13.5% upside from current levels. In a report issued on October 24, Canaccord Genuity also maintained a Buy rating on the stock with a C$26.00 price target.
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.
Read More on ED:
- Consolidated Edison price target raised to $91 from $89 at Mizuho
- CON EDISON REPORTS 2023 THIRD QUARTER EARNINGS
- Consolidated Edison raises FY23 adj. EPS view to $5.00-$5.10 from $4.85-$5.00
- Consolidated Edison reports Q3 EPS $1.62, consensus $1.64
- Consolidated Edison price target lowered to $84 from $85 at Barclays
