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Bank of America Securities Remains a Buy on Consolidated Edison (ED)
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Bank of America Securities Remains a Buy on Consolidated Edison (ED)

In a report released today, Paul Cole from Bank of America Securities maintained a Buy rating on Consolidated Edison (EDResearch Report). The company’s shares opened today at $91.41.

Currently, the analyst consensus on Consolidated Edison is a Hold with an average price target of $90.75.

ED market cap is currently $31.41B and has a P/E ratio of 12.60.

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Consolidated Edison (ED) Company Description:

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.

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