Consolidated Edison Inc
ED: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$68.00 | Pkp | Snwrrtnd |
ConEd Secures Premium Value for Clean Energy Business; Focus Turns to Core Utilities Growth
We are reaffirming our $86 per share fair value estimate for ConEd after European utility RWE agreed to pay $6.8 billion for ConEd's renewable energy business, one of the largest portfolios of wind and solar projects in the U.S.