Empresa Distribuidora Y Comerci – Consensus Indicates Potential -39.1% Downside

Broker Ratings
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Empresa Distribuidora Y Comerci with ticker code (EDN) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Underperform’. The target price ranges between 5 and 2.9 with a mean TP of 4.2. With the stocks previous close at 6.9 this would imply there is a potential downside of -39.1%. The 50 day moving average now sits at 5.25 and the 200 day moving average is 5.72. The market cap for the company is $302m. Company Website: https://www.edenor.com

The potential market cap would be $184m 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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