Empresa Distribuidora Y Comerci – Consensus Indicates Potential -11.8% Downside

Broker Ratings
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Empresa Distribuidora Y Comerci found using ticker (EDN) now have 4 analysts in total covering the stock. The consensus rating is ‘Underperform’. The target price ranges between 5 and 2.9 with the average target price sitting at 4.28. Now with the previous closing price of 4.85 this indicates there is a potential downside of -11.8%. The 50 day moving average now sits at 5.97 and the 200 moving average now moves to 6.12. The market capitalisation for the company is $199m. You can visit the company’s website by visiting: https://www.edenor.com

The potential market cap would be $176m based on the market concensus.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima engages in the distribution and sale of electricity in Argentina. The company was incorporated in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is a subsidiary of Empresa de Energía del Cono Sur S.A.

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