Empresa Distribuidora Y Comerci – Consensus Indicates Potential -61.3% Downside

Broker Ratings
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Empresa Distribuidora Y Comerci with ticker code (EDN) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Underperform’. The target price ranges between 4.7 and 3.1 calculating the mean target price we have 3.9. Given that the stocks previous close was at 10.08 this would indicate that there is a downside of -61.3%. The 50 day moving average now sits at 7.63 while the 200 day moving average is 6.38. The market cap for the company is $835m. Visit the company website at: https://www.edenor.com

The potential market cap would be $323m 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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