Edison International Given Average Recommendation of “Buy” by Brokerages (NYSE:EIX)
Shares of Edison International (NYSE:EIX) have earned a consensus rating of “Buy” from the nineteen ratings firms that are currently covering the stock, Analyst Ratings Network.com reports. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $51.92.
A number of research firms have recently commented on EIX. Analysts at Jefferies Group upgraded shares of Edison International from an “underperform” rating to a “hold” rating in a research note to investors on Monday, January 27th. They now have a $47.00 price target on the stock, up previously from $41.50. Finally, analysts at ISI Group upgraded shares of Edison International from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, January 14th.
Edison International (NYSE:EIX) traded up 0.06% on Monday, hitting $48.19. The stock had a trading volume of 2,886,880 shares. Edison International has a 52-week low of $44.26 and a 52-week high of $54.19. The stock’s 50-day moving average is $46.38 and its 200-day moving average is $47.13. The company has a market cap of $15.701 billion and a price-to-earnings ratio of 209.39.
Edison International, is a holding company of Southern California Edison Company (NYSE:EIX).
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