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Empresa Distribuidora y Cmrz Nrt SA (EDN) Stock: Do Analysts Think You Should Hold?

Tuesday, March 21, 2023 01:16 PM | InvestorsObserver Analysts

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Empresa Distribuidora y Cmrz Nrt SA (EDN) Stock: Do Analysts Think You Should Hold?

Analysts who follow Empresa Distribuidora y Cmrz Nrt SA (EDN) on average expect it to decline -57.53% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns Empresa Distribuidora y Cmrz Nrt SA an Analyst Ranking of 3, which means it ranks higher than 3 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 2.5
Wall Street analysts are rating EDN a Hold today. Find out what this means to you and get the rest of the rankings on EDN!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Empresa Distribuidora y Cmrz Nrt SA Stock Today?

Empresa Distribuidora y Cmrz Nrt SA (EDN) stock is trading at $7.30 as of 1:11 PM on Tuesday, Mar 21, a gain of $0.50, or 7.35% from the previous closing price of $6.80. The stock has traded between $7.10 and $7.36 so far today. Volume today is 39,574 compared to average volume of 34,521. Click Here to get the full Stock Report for Empresa Distribuidora y Cmrz Nrt SA stock.

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