Edison International – Consensus ‘buy’ rating and 4.1% Upside Potential

Broker Ratings
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Edison International with ticker code (EIX) have now 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $86.00 and $57.00 calculating the average target price we see $72.94. Given that the stocks previous close was at $70.05 and the analysts are correct then we can expect a percentage increase in value of 4.1%. The 50 day moving average now sits at $65.39 and the 200 moving average now moves to $68.45. The market capitalization for the company is 26.76B. The stock price for the company is currently is currently $69.76 USD

The potential market cap would be $27,861,698,578 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 21.73, revenue per share of $43.52 and a 2.78% return on assets.

Edison International is the holding company of Southern California Edison Company (SCE) and Edison Energy Group, Inc (Edison Energy Group). The Company, through its subsidiaries, generates and distributes electric power, as well as provides energy services and technologies, including renewable energy. SCE is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area of southern California. SCE serves approximately 15 million customers across Southern, Central, and Coastal California. Edison Energy Group is an indirect wholly owned subsidiary of Edison International and a holding company for Edison Energy, LLC (Edison Energy), which is engaged in the competitive business of providing decarbonization and energy solutions to commercial, institutional and industrial customers in North America and Europe.

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