Edison International (NYSE:EIX) stock price target increased to $84.00, issued a research note today by Suntrust Robinson
- Updated: September 26, 2016
Having a price of $75.63, Edison International (NYSE:EIX) traded 0.00% even on the day. With the last stock price up 3.46% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. EIX has recorded a 50-day average of $73.78 and a two hundred day average of $73.09. Trade Volume was down over the average, with 886,628 shares of EIX changing hands under the typical 1,613,850
In a report announced on 9/26/2016 Suntrust Robinson raised the target price of Edison International (NYSE:EIX) from $82.00 to $84.00 reporting a possible upside of 0.11%.
On 5/3/2016, Jefferies & Co released a statement about Edison International (NYSE:EIX) upped the target price from $66.00 to $72.00 that suggested an upside of 0.00%.
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Edison International has a 52 week low of $57.51 and a 52 week high of $78.72 with a P/E ratio of 28.04 The company’s market cap is currently $0.
In addition to Suntrust Robinson reporting its target price, a total of 17 brokers have issued a report on the stock. The consensus target price is $73.06 with 5 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 7 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Edison International (NYSE:EIX)
Edison International is the parent holding company of Southern California Edison Company (SCE). SCE is engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area of southern California. It is also the parent company of subsidiaries that are engaged in competitive businesses focused on providing energy services to commercial and industrial customers, including distributed resources, engaging in transmission opportunities, and exploring distributed water treatment and recycling. Its transmission and substation projects include Tehachapi, West of Devers and Mesa Substation. The Tehachapi Project consists of electric transmission lines and substations between eastern Kern County and San Bernardino County. The West of Devers Project upgrades SCE's existing West of Devers transmission line system by replacing a portion of the existing 220 kilovolt transmission lines and structures with higher-capacity transmission lines and structures.
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