Empresa Distribuidora Y Comerci – Consensus Indicates Potential -49.7% Downside

Broker Ratings
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Empresa Distribuidora Y Comerci found using ticker (EDN) now have 2 analysts in total covering the stock. The consensus rating is ‘Underperform’. The target price ranges between 4.7 and 3.1 with a mean TP of 3.9. Now with the previous closing price of 7.75 this would imply there is a potential downside of -49.7%. The 50 day MA is 9.03 and the 200 moving average now moves to 6.94. The company has a market capitalisation of $671m. Visit the company website at: https://www.edenor.com

The potential market cap would be $338m 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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