Consolidated Edison traded at $110.95 this Wednesday July 1st, increasing $0.32 or 0.29 percent since the previous trading session. Looking back, over the last four weeks, Consolidated Edison gained 6.90 percent. Over the last 12 months, its price rose by 11.04 percent. Looking ahead, we forecast Consolidated Edison to be priced at 109.73 by the end of this quarter and at 103.02 in one year, according to Trading Economics global macro models projections and analysts expectations.
Consolidated Edison, Inc. is a holding company that provides energy-related products and services. The Company’s segments include CECONY, O&R, the Clean Energy Businesses and Con Edison Transmission. CECONY’s principal business operations are its regulated electric, gas and steam delivery businesses. O&R’s principal business operations are its regulated electric and gas delivery businesses. The Clean Energy Businesses develops, owns and operates renewable and sustainable energy infrastructure projects and provides energy related products and services to wholesale and retail customers. Con Edison Transmission invests and seeks to develop electric transmission projects and manages, through joint ventures, both electric and gas assets. Its subsidiaries include Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R), Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses) and Con Edison Transmission, Inc. (Con Edison Transmission).