Morgan Stanley analyst Stephen Byrd maintained a Hold rating on Edison International (NYSE: EIX) today and set a price target of $75. The company’s shares closed yesterday at $67.10.
According to TipRanks.com, Byrd is a 3-star analyst with an average return of 2.7% and a 61.4% success rate. Byrd covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, American Electric Power, and South Jersey Industries.
Currently, the analyst consensus on Edison International is a Moderate Buy with an average price target of $72.75.
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Edison International’s market cap is currently $21.86B and has a P/E ratio of 52.83. The company has a Price to Book ratio of 1.86.
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Edison International is a renewable energy company, which through its subsidiaries, generates and distributes electric power, and invests in energy services and technologies.The company was founded on April 20, 1987 and is headquartered in Rosemead, CA.
