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.
Condiments maker H.J. Heinz Company (HNZ) on Friday caught a big downgrade from analysts at Jefferies & Co. The firm said it cut its rating on HNZ from Buy to Hold and lowered its price target from $60 to $56. That new target suggests a 12% upside to the stock's Thursday closing price of $53.55.