Edison International with ticker code (EIX) now have 13 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 82 and 54 with the average target price sitting at 71. Given that the stocks previous close was at 66.23 this indicates there is a potential upside of 7.2%. There is a 50 day moving average of 67.14 and the 200 day moving average is 64.8. The market capitalisation for the company is $25,781m. Find out more information at: https://www.edison.com
The potential market cap would be $27,638m based on the market concensus.
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Edison International, through its subsidiaries, generates and distributes electric power. The company supplies electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors. It also provides decarbonization and energy solutions to commercial, institutional, and industrial customers in North America and Europe. The company’s transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; and distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-miles of underground lines; and 730 substations. Edison International was founded in 1886 and is headquartered in Rosemead, California.