Edison International found using ticker (EIX) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 82 and 64 with the average target price sitting at 75.21. Now with the previous closing price of 69.03 this would imply there is a potential upside of 9.0%. The 50 day moving average now sits at 69.14 while the 200 day moving average is 63.85. The market cap for the company is $26,707m. Company Website: https://www.edison.com
The potential market cap would be $29,098m 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.
