Edison International with ticker code (EIX) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 82 and 62 calculating the mean target price we have 74.06. With the stocks previous close at 69.27 this now indicates there is a potential upside of 6.9%. The 50 day moving average now sits at 65.35 and the 200 day MA is 65.99. The market capitalisation for the company is $26,567m. Visit the company website at: https://www.edison.com
The potential market cap would be $28,404m 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.