Consolidated Edison, Inc.’s Stock Price Soars to $94.89, Marking an Impressive 4.74% Increase

Consolidated Edison, Inc. (ED)

94.89 USD +4.29 (+4.74%) Volume: 4.03M

Consolidated Edison, Inc.’s stock price is currently standing at 94.89 USD, witnessing a significant surge of +4.74% in this trading session and a robust YTD increase of +7.06%, with a trading volume of 4.03M, indicating a promising investment opportunity in the energy sector.

Latest developments on Consolidated Edison, Inc.

Consolidated Edison (NYSE:ED) saw a 5% increase in its shares today, following a mix of analyst assessments and market movements. Bronx customers expressed concerns over expensive Con Edison bills during freezing temperatures, impacting public sentiment. Barclays issued a pessimistic forecast for Consolidated Edison‘s stock price, adding to the uncertainty. Despite this, SG Americas Securities LLC purchased shares, showing confidence in the company’s future performance. Conversely, Janney Montgomery Scott LLC lowered its position in Consolidated Edison, Inc., reflecting differing opinions within the investment community. Ameritas Advisory Services LLC also entered the market by purchasing shares of Consolidated Edison, Inc., indicating a potential shift in investor sentiment.

A look at Consolidated Edison, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Consolidated Edison, Inc. is looking promising for the long-term based on its Smartkarma Smart Scores. With a top score in Value, the company is seen as a strong investment opportunity. Additionally, the company scores well in Dividend, Growth, Resilience, and Momentum, indicating a positive outlook across the board. Consolidated Edison‘s focus on providing energy-related products and services, along with its solid performance in key areas, positions it well for continued success in the future.

Consolidated Edison, Inc. is a leading provider of energy services, serving customers in various states including New York and New Jersey. With strong scores in Value, Dividend, Growth, Resilience, and Momentum, the company is well-positioned for long-term success. Investors can feel confident in Consolidated Edison‘s ability to deliver consistent returns and weather market fluctuations, making it a solid choice for those looking for stability and growth in their investment portfolio.

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