Edison International – Consensus ‘buy’ rating and 7.4% Upside Potential

Broker Ratings
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Edison International which can be found using ticker (EIX) now have 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $86.00 and $53.00 and has a mean target at $72.44. Now with the previous closing price of $67.48 this is indicating there is a potential upside of 7.4%. Also worth taking note is the 50 day moving average now sits at $64.32 and the 200 day MA is $68.36. The total market capitalization for the company now stands at 25.84B. The stock price for the company is currently $67.37 USD

The potential market cap would be $27,740,444,398 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 20.99, 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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