UBS analyst Daniel Ford maintained a Hold rating on Consolidated Edison, Inc. (ED) today and set a price target of $98.00. The company’s shares closed last Monday at $91.49, close to its 52-week high of $94.97.
According to TipRanks.com, Ford is a 5-star analyst with an average return of 7.8% and a 67.3% success rate. Ford covers the Utilities sector, focusing on stocks such as Hawaiian Electric Industries, Pinnacle West Capital Corp, and Public Service Enterprise.
Currently, the analyst consensus on Consolidated Edison, Inc. is a Hold with an average price target of $93.20.
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Based on Consolidated Edison, Inc.’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.74 billion and net profit of $152 million. In comparison, last year the company earned revenue of $3.34 billion and had a net profit of $435 million.
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