Empresa Distribuidora Y Comerci – Consensus ‘Underperform’ rating and -49.3% Downside Potential

Broker Ratings
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Empresa Distribuidora Y Comerci which can be found using ticker (EDN) have now 3 analysts in total covering the stock. The consensus rating is pointing to ‘Underperform’. The target price High/Low ranges between 5 and 3.1 calculating the average target price we see $4.27. Given that the stocks previous close was at $8.42 this would imply there is a potential downside of -49.3%. The day 50 moving average is $8.53 and the 200 day moving average is $7.18. The company has a market cap of $705m. Find out more information at: https://www.edenor.com

The potential market cap would be $358m based on the market consensus.

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.

The company is not paying dividends at this time.

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