Edison International with ticker code (EIX) now have 15 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 82 and 64 with a mean TP of 75.33. Given that the stocks previous close was at 66.98 this would imply there is a potential upside of 12.5%. The day 50 moving average is 69.45 and the 200 moving average now moves to 64.34. The market capitalisation for the company is $23,779m. Company Website: https://www.edison.com
The potential market cap would be $26,744m based on the market concensus.
Edison International, through its subsidiaries, generates and distributes electric power. It delivers electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal California. The company also provides energy solutions to commercial and industrial users. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and substations; and distribution system consists of approximately 39,000 circuit-miles of overhead lines, approximately 31,000 circuit-miles of underground lines, and 800 substations. The company was founded in 1886 and is headquartered in Rosemead, California.
