Underwriters are the main link between the insurance company and the insurance sales agent. They are responsible for calculating the level of risk and therefore the size of the premium payments, before writing the policies.
11 analysts have issued 12 month target prices for Consolidated Edison's stock. Their forecasts range from $68.00 to $81.50. On average, they expect Consolidated Edison's share price to reach $74.32 in the next twelve months.
Kite Announces Closing Of Public Offering Of Common Stock And Full Exercise Of Underwriters' Option To Purchase Additional Shares. Kite Pharma, Inc. (Nasdaq:KITE) today announced the closing of its previously announced underwritten public offering of 4,750,000 shares of its common stock at a price to the public of $75.