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Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) Reaches $53.06 High on Jan, 15; Lombard Odier Asset Management Europe LTD Has Raised Morgan Stanley (MS) Stake

The stock of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) reached all time high today, Jan, 15 and still has $55.71 target or 5.00% above today’s $53.06 share price. This indicates more upside for the $2.51B company. This technical setup was reported by Barchart.com. If the $55.71 PT is reached, the company will be worth $125.50 million more. The stock increased 2.20% or $1.14 during the last trading session, reaching $53.06. About 130,243 shares traded or 110.43% up from the average. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) has risen 133.80% since January 15, 2017 and is uptrending. It has outperformed by 117.10% the S&P500.

Lombard Odier Asset Management Europe Ltd increased Morgan Stanley (MS) stake by 4118.67% reported in 2017Q3 SEC filing. Lombard Odier Asset Management Europe Ltd acquired 16,763 shares as Morgan Stanley (MS)’s stock declined 9.43%. The Lombard Odier Asset Management Europe Ltd holds 17,170 shares with $827,000 value, up from 407 last quarter. Morgan Stanley now has $99.65 billion valuation. The stock increased 1.70% or $0.92 during the last trading session, reaching $55.12. About 9.00M shares traded or 15.20% up from the average. Morgan Stanley (NYSE:MS) has risen 57.08% since January 15, 2017 and is uptrending. It has outperformed by 40.38% the S&P500.

Among 29 analysts covering Morgan Stanley (NYSE:MS), 19 have Buy rating, 0 Sell and 10 Hold. Therefore 66% are positive. Morgan Stanley had 91 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Credit Suisse on Tuesday, September 15. The stock has “Buy” rating by Credit Suisse on Thursday, January 4. The firm has “Outperform” rating given on Thursday, July 21 by RBC Capital Markets. The firm earned “Buy” rating on Wednesday, August 17 by Argus Research. The firm earned “Underweight” rating on Wednesday, February 3 by Atlantic Securities. BMO Capital Markets maintained the shares of MS in report on Thursday, July 20 with “Outperform” rating. The company was upgraded on Wednesday, January 10 by Atlantic Securities. The firm earned “Buy” rating on Tuesday, August 25 by Buckingham Research. The rating was upgraded by JMP Securities to “Outperform” on Thursday, October 8. The stock of Morgan Stanley (NYSE:MS) has “Buy” rating given on Tuesday, October 20 by S&P Research.

Investors sentiment increased to 0.94 in 2017 Q3. Its up 0.06, from 0.88 in 2017Q2. It is positive, as 59 investors sold MS shares while 292 reduced holdings. 76 funds opened positions while 255 raised stakes. 1.53 billion shares or 1.48% less from 1.55 billion shares in 2017Q2 were reported. Chicago Equity Limited Com owns 273,220 shares or 0.42% of their US portfolio. First Allied Advisory Services accumulated 34,589 shares. Cornerstone Advisors invested 0.47% of its portfolio in Morgan Stanley (NYSE:MS). Moreover, Citadel Advsr Ltd Liability Company has 0.05% invested in Morgan Stanley (NYSE:MS). The Florida-based Ruggie has invested 0% in Morgan Stanley (NYSE:MS). Lombard Odier Asset Mngmt (Europe) Ltd holds 0.05% of its portfolio in Morgan Stanley (NYSE:MS) for 17,170 shares. The Pennsylvania-based Live Your Vision Ltd has invested 0% in Morgan Stanley (NYSE:MS). Glob X Mgmt Ltd Llc holds 0.01% of its portfolio in Morgan Stanley (NYSE:MS) for 10,920 shares. Coldstream Cap Incorporated owns 5,559 shares. Raymond James Na holds 0.05% or 13,457 shares. Numeric Invsts Ltd Liability Corp stated it has 5.44M shares. New York-based Rockefeller Finance Inc has invested 0% in Morgan Stanley (NYSE:MS). Bluecrest Capital has invested 0.2% in Morgan Stanley (NYSE:MS). Motco invested in 451 shares. Ifc Hldgs Inc Fl stated it has 0.05% of its portfolio in Morgan Stanley (NYSE:MS).

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima, a public service company, engages in the distribution and sale of electricity in Argentina. The company has market cap of $2.51 billion. The firm was formerly known as Empresa Distribuidora Norte Sociedad Anónima and changed its name to Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in June 1996. It has a 34.01 P/E ratio. The firm was founded in 1992 and is based in Buenos Aires, Argentina.

Among 2 analysts covering Edenor SA (NYSE:EDN), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Edenor SA had 2 analyst reports since October 8, 2015 according to SRatingsIntel. The company was initiated on Thursday, October 8 by Santander. The stock of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) has “Overweight” rating given on Wednesday, October 5 by Morgan Stanley.

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