Edison International with ticker code (EIX) have now 16 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 77 and 61 calculating the mean target price we have 71.09. With the stocks previous close at 61.16 this would imply there is a potential upside of 16.2%. There is a 50 day moving average of 65.29 and the 200 moving average now moves to 60.06. The company has a market capitalisation of $23,387m. You can visit the company’s website by visiting: https://www.edison.com
The potential market cap would be $27,184m based on the market concensus.
Edison International, through its subsidiaries, generates and distributes electric power. As of March 03, 2021, it delivered electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal California. Edison International 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.
