SunTrust Robinson Reiterates a “Buy” Rating on Edison International (EIX) and $79.0 Target; Last Week Next Plc (LON:NXT) Analysts

Among 17 analysts covering Edison (NYSE:EIX), 9 have Buy rating, 0 Sell and 8 Hold. Therefore 53% are positive. Edison has $92 highest and $62 lowest target. $78.27’s average target is 22.22% above currents $64.04 stock price. Edison had 53 analyst reports since August 3, 2015 according to SRatingsIntel. Jefferies maintained Edison International (NYSE:EIX) on Friday, July 28 with “Hold” rating. The stock of Edison International (NYSE:EIX) earned “Equalweight” rating by Barclays Capital on Wednesday, February 24. The stock of Edison International (NYSE:EIX) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, December 13. The stock of Edison International (NYSE:EIX) has “Buy” rating given on Sunday, September 17 by RBC Capital Markets. The rating was maintained by Citigroup on Wednesday, July 20 with “Neutral”. The stock has “Buy” rating by SunTrust on Tuesday, December 5. As per Thursday, July 13, the company rating was maintained by BMO Capital Markets. On Thursday, January 19 the stock rating was upgraded by Evercore to “Buy”. The rating was upgraded by Evercore to “Buy” on Tuesday, January 26. The firm has “Buy” rating by BMO Capital Markets given on Tuesday, August 15.

Among 27 analysts covering Next PLC (LON:NXT), 6 have Buy rating, 8 Sell and 13 Hold. Therefore 22% are positive. Next PLC had 278 analyst reports since July 24, 2015 according to SRatingsIntel. Credit Suisse maintained the stock with “Underperform” rating in Monday, September 14 report. As per Friday, September 15, the company rating was maintained by Credit Suisse. Deutsche Bank maintained it with “Buy” rating and GBX 6850 target in Thursday, May 5 report. Deutsche Bank maintained the stock with “Hold” rating in Tuesday, October 20 report. JP Morgan maintained Next Plc (LON:NXT) rating on Wednesday, July 29. JP Morgan has “Overweight” rating and GBX 7700 target. Deutsche Bank maintained Next Plc (LON:NXT) on Tuesday, July 18 with “Hold” rating. HSBC maintained Next Plc (LON:NXT) rating on Thursday, November 2. HSBC has “Reduce” rating and GBX 3800 target. On Monday, November 2 the stock rating was maintained by Haitong Securities with “Sell”. The rating was maintained by Beaufort Securities with “Buy” on Wednesday, January 6. HSBC maintained Next Plc (LON:NXT) rating on Friday, September 11. HSBC has “Neutral” rating and GBX 7600 target. See Next Plc (LON:NXT) latest ratings:

18/12/2017 Broker: Berenberg Rating: Sell Old Target: GBX 3650.00 New Target: GBX 3650.00 Maintain
19/12/2017 Broker: Deutsche Bank Rating: Hold Old Target: GBX 4500.00 New Target: GBX 4500.00 Maintain
08/12/2017 Broker: Deutsche Bank Rating: Hold Old Target: GBX 4400.00 New Target: GBX 4500.00 Maintain
05/12/2017 Broker: Peel Hunt Rating: Hold Old Target: GBX 5000.00 New Target: GBX 5000.00 Maintain
21/11/2017 Broker: Deutsche Bank Rating: Hold Old Target: GBX 4400.00 New Target: GBX 4400.00 Maintain
21/11/2017 Broker: Credit Suisse Rating: Underperform Old Target: GBX 4200.00 New Target: GBX 4200.00 Maintain
02/11/2017 Broker: HSBC Rating: Reduce Old Target: GBX 3800.00 New Target: GBX 3800.00 Maintain
01/11/2017 Broker: Berenberg Rating: Sell Old Target: GBX 3650.00 New Target: GBX 3650.00 Maintain
02/11/2017 Broker: Barclays Capital Rating: Underweight Maintain
02/11/2017 Broker: Deutsche Bank Rating: Hold Old Target: GBX 4400.00 New Target: GBX 4400.00 Maintain

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.06, from 1.21 in 2017Q2. It is negative, as 33 investors sold Edison International shares while 173 reduced holdings. 57 funds opened positions while 179 raised stakes. 259.99 million shares or 1.33% less from 263.50 million shares in 2017Q2 were reported. Louisiana State Employees Retirement Sys holds 0.07% of its portfolio in Edison International (NYSE:EIX) for 20,300 shares. Dana Investment Advsr has 5,444 shares for 0.02% of their portfolio. Thompson Davis & reported 0.01% in Edison International (NYSE:EIX). The Ontario – Canada-based Highstreet Asset Mgmt has invested 0% in Edison International (NYSE:EIX). Ellington Management Grp Lc owns 9,700 shares or 0.13% of their US portfolio. Great Lakes Advisors Lc owns 3,165 shares for 0.01% of their portfolio. Parkside Bankshares & holds 0% or 70 shares. Benjamin F Edwards & Co has 0.03% invested in Edison International (NYSE:EIX). 298,281 are held by National Pension Ser. Sumitomo Mitsui Trust Holdings has 924,920 shares for 0.1% of their portfolio. Nuveen Asset Mgmt Ltd Liability Corporation invested in 0.11% or 223,790 shares. Oakbrook Investments Limited Liability Company accumulated 13,970 shares. 9,580 are held by Rainier Investment Limited Liability Corp. Credit Agricole S A holds 0.06% in Edison International (NYSE:EIX) or 239,951 shares. 4,054 were reported by Lombard Odier Asset (Europe) Limited.

The stock decreased 1.82% or $1.19 during the last trading session, reaching $64.04. About 2.67M shares traded. Edison International (NYSE:EIX) has risen 12.39% since December 27, 2016 and is uptrending. It has underperformed by 4.31% the S&P500.

Since August 15, 2017, it had 0 buys, and 1 insider sale for $18.10 million activity. Litzinger Ronald L sold $18.10 million worth of stock.

Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States. The company has market cap of $20.87 billion. The firm generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources. It has a 14.63 P/E ratio. It supplies electricity primarily to commercial, residential, industrial, agricultural, and other customers, as well as public authorities through transmission and distribution networks.

Analysts await Edison International (NYSE:EIX) to report earnings on February, 20. They expect $0.93 EPS, down 7.92% or $0.08 from last year’s $1.01 per share. EIX’s profit will be $303.01M for 17.22 P/E if the $0.93 EPS becomes a reality. After $1.43 actual EPS reported by Edison International for the previous quarter, Wall Street now forecasts -34.97% negative EPS growth.