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.
The resulting shockwave sent Square stock from nearly $15 to $8 (keep in mind that the offering price on the IPO was $9). Although, this was not an end to the roller coaster: As the market made a move to the upside, so did Square stock â and in an impressive way. Now the SQ stock price is $12. Not bad.