In a report released yesterday, Jeremy Tonet from J.P. Morgan maintained a Hold rating on Edison International (EIX – Research Report), with a price target of $75.00. The company’s shares closed yesterday at $68.96.
According to TipRanks, Tonet is a 4-star analyst with an average return of 4.9% and a 56.22% success rate. Tonet covers the Energy sector, focusing on stocks such as Targa Resources, Nustar Energy, and Oneok.
Currently, the analyst consensus on Edison International is a Moderate Buy with an average price target of $74.40.
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EIX market cap is currently $26.52B and has a P/E ratio of 22.11.
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Edison International (EIX) Company Description:
Founded in 1886 and based in California, Edison International is a renewable energy company, which through its subsidiaries, generates and distributes electric power, and invests in energy services and technologies.
Read More on EIX:
- Edison International price target raised to $70 from $69 at Barclays
- Edison International Engages Investors with Insightful Presentation
- Edison International Engages Investors with New Presentation
- Edison International sees FY24 core EPS $4.75-$5.05, consensus $5.06
- Edison International reports Q4 core EPS $1.28, consensus $1.16
