Price Target Update on Exelon Corporation (NYSE:EXC)

Exelon Corporation (NYSE:EXC) : The most positive equity analysts on Exelon Corporation (NYSE:EXC) expects the shares to touch $40, whereas, the least positive believes that the stock will trade at $32 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $36.33 with an expected fluctuation of $2.6 from the mean.

Other Equity analysts have also commented on the company shares. Deutsche Bank downgrades their rating on the shares of Exelon Corporation (NYSE:EXC). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. Equity Analysts at the Firm raises the price target to $36 per share from $34 per share. The rating by the firm was issued on April 18, 2016.

Exelon Corporation (NYSE:EXC): stock turned positive on Thursday. Though the stock opened at $34.56, the bulls momentum made the stock top out at $34.95 level for the day. The stock recorded a low of $34.38 and closed the trading day at $34.95, in the green by 1.51%. The total traded volume for the day was 4,466,180. The stock had closed at $34.43 in the previous days trading.

The company shares have rallied 7.49% from its 1 Year high price. On May 6, 2016, the shares registered one year high at $35.95 and the one year low was seen on Dec 14, 2015. The 50-Day Moving Average price is $34.62 and the 200 Day Moving Average price is recorded at $32.19. On the companys insider trading activities, Butler Calvin Jr, officer (CEO, BGE) of Exelon Corp, unloaded 5,000 shares at an average price of $32.42 on February 8, 2016. The total amount of the transaction was worth $162,100, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Exelon Corporation (Exelon) is a utility services holding company. The Company operates through nine segments consisting of Exelon Generation Company, LLCs (Generation) six marketing segments, Commonwealth Edison Company (ComEd), PECO Energy Company (PECO) and Baltimore Gas and Electric Company (BGE). Generations business consists of the generation, physical delivery and marketing of power across geographical regions. ComEds business consists of the purchase and regulated retail sale of electricity and the provision of electricity transmission and distribution services to retail customers. PECOs business consists of the purchase and regulated retail sale of electricity and the provision of electricity distribution and transmission services. BGEs business consists of the purchase and regulated retail sale of electricity and natural gas and the provision of electricity distribution and transmission and gas distribution services.

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