Empresa Distribuidora Y Comerci – Consensus ‘Underperform’ rating and -57.9% Downside Potential

Broker Ratings
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Empresa Distribuidora Y Comerci with ticker code (EDN) have now 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Underperform’. The range between the high target price and low target price is between 5 and 3.1 with the average target price sitting at $4.05. Now with the previous closing price of $9.62 this is indicating there is a potential downside of -57.9%. Also worth taking note is the 50 day moving average now sits at $8.52 while the 200 day moving average is $7.30. The total market capitalization for the company now stands at $756m. Visit the company website at: https://www.edenor.com

The potential market cap would be $318m 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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