Console settings.xml by YITDevelopers - grandT aka MrPhillips

PS3
Textures = low
Shadows = high, sharp
Water = Very High
Resolution = 720p
Vsync = locked at 30FPS

PS4
Ultra settings, no MSAA, Advanced Graphics at low, Grass: Ultra

XBOX 360
Same as PS3 but anisotropic filtering is lower.

XBOX ONE
Ultra settings, no MSAA, Advaced Graphics at low, Grass: Very High

Enjoy