Edison International (NYSE: EIX) was the recipient of a ratings changes during the seven days:

  • Edison International had its “outperform” rating reaffirmed by analysts at Macquarie. They now have a $49.00 price target on the stock.
  • Edison International was downgraded by analysts at Citigroup from a “buy” rating to a “neutral” rating. They wrote, “EIX has closed the valuation gap between peers and now trades at 14.6x our 2014 regulated EPS estimate, compared to the 14.2x regulated utility average. With shares now more appropriately reflecting the value of the regulated business, we are moving to the sidelines and downgrading to Neutral. Our fundamental outlook has not materially changed. We still believe there is upside for EIX shares, but our updated $52/share target price and 12% estimated total return is no longer commensurate with a Buy rating.”
  • Edison International had its “sector perform” rating reaffirmed by analysts at RBC Capital. They now have a $49.00 price target on the stock.
  • Edison International had its “overweight” rating reaffirmed by analysts at Barclays Capital. They now have a $52.00 price target on the stock.
  • Edison International was downgraded by analysts at Goldman Sachs from a “buy” rating to a “neutral” rating. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • Edison International had its “buy” rating reaffirmed by analysts at SunTrust. They now have a $52.00 price target on the stock.
  • Edison International had its “buy” rating reaffirmed by analysts at SunTrust. They now have a $52.00 price target on the stock.

Edison International opened at 46.81 on Thursday. Edison International has a 52-week low of $37.51 and a 52-week high of $47.96. The company’s market cap is $15.251 billion.

Edison International is a holding company of Southern California Edison Company (SCE), a California public utility corporation and Edison Mission Group Inc.