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 Square stock price today (Thursday) closed its first day of trading at $13.07 as investors rushed into one of the most anticipated tech IPOs of 2015. Last night, the Square IPO priced at $9, below the $11 to $13 range. That means early investors saw an initial gain of 24.4% when Square Inc. (NYSE: SQ) stock opened at $11.20 this morning. Based on the opening price, Square commands a market cap of about $1.9 billion.