In a report issued on May 4, Shelby Tucker from RBC Capital maintained a Buy rating on Edison International (EIX), with a price target of $68.00. The company’s shares closed last Wednesday at $56.14.
According to TipRanks.com, Tucker is a 4-star analyst with an average return of 4.4% and a 62.8% success rate. Tucker covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Nextera Energy Partners.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Edison International with a $70.64 average price target, a 24.8% upside from current levels. In a report issued on May 1, Goldman Sachs also maintained a Buy rating on the stock with a $86.00 price target.
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The company has a one-year high of $78.94 and a one-year low of $43.64. Currently, Edison International has an average volume of 2.74M.
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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 July 4, 1886 and is headquartered in Rosemead, CA.
