Jefferies Reiterates Their Hold Rating on Edison International

By Jason Carr

Jefferies analyst Anthony Crowdell reiterated a Hold rating on Edison International (NYSE: EIX) on July 28 and set a price target of $85. The company’s shares closed on Friday at $78.25.

According to TipRanks.com, Crowdell is a 4-star analyst with an average return of 6.7% and a 74.3% success rate. Crowdell covers the Utilities sector, focusing on stocks such as Public Service Enterprise, El Paso Electric Company, and American Electric Power.

Edison International has an analyst consensus of Moderate Buy, with a price target consensus of $83.33.

The company has a one year high of $82.82 and a one year low of $67.44. Currently, Edison International has an average volume of 1.63M.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. Last month, Gaddi Vasquez, the SVP of EIX sold 2,500 shares for a total of $203,241.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Edison International is a renewable energy company. The company through its subsidiaries, generates and distributes electric power, and invests in energy services and technologies, including renewable energy. Edison International was founded on April 20, 1987 and is headquartered in Rosemead, CA..