Zacks Investment Research recorded Edison International (NYSE:EIX), bumping up its stock price target to $85.00 today
- Updated: September 27, 2016
Just yesterday Edison International (NYSE:EIX) traded 0.00% even at $75.54. The company’s 50-day moving average is $73.78 and its 200-day moving average is $73.09. The last stock close price is up 3.46% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Volume of trade was down over the average, with 886,628 shares of EIX changing hands under the typical 1,613,850
In a report released on 9/27/2016 Zacks Investment Research increased the stock price target of Edison International (NYSE:EIX) to $85.00 reporting a possible upside of 0.13%.
Previously on 9/26/2016, Suntrust Robinson released a statement about Edison International (NYSE:EIX) increased the target price from $82.00 to $84.00. At the time, this indicated a possible upside of 0.11%.
With a total market value of $0, Edison International has price-earnings ratio of 28.04 with a one year low of $57.51 and a one year high of $78.72 .
A total of 17 analysts have released a research note on EIX. Five analysts rating the company a strong buy, seven analysts rating the company a buy, seven analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $73.06.
More 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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