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.
Referenced in 1 quiz question. A company is thinking of issuing more common stock. Its stock's current market price is $50 a share with a dividend of $3 a share. The company has a 5% growth rate and a flotation cost of 10%.