Edison International – Consensus ‘buy’ rating and 7.6% Upside Potential

Broker Ratings
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Edison International which can be found using ticker (EIX) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $86.00 and $57.00 calculating the mean target price we have $73.47. Now with the previous closing price of $68.29 this would indicate that there is a potential upside of 7.6%. There is a 50 day moving average of $68.34 and the 200 moving average now moves to $68.73. The market capitalization for the company is 25.95B. The current share price for the company is: $67.65 USD

The potential market cap would be $27,916,709,322 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 21.07, 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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