Short Term Price Target on Exelon Corporation (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.

Shares of Exelon Corporation rose by 4.03% in the last five trading days and 5.67% for the last 4 weeks. Exelon Corporation is up 2.89% in the last 3-month period. Year-to-Date the stock performance stands at 33.42%. Also, Equity analysts at the Brokerage firm Deutsche Bank downgrades its rating on Exelon Corporation (NYSE:EXC). The rating major has initiated the coverage with hold rating on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The Analysts at Deutsche Bank raises the price target from $34 per share to $36 per share. The rating by the firm was issued on April 18, 2016.

Exelon Corporation (NYSE:EXC) : Zacks Investment Research ranks Exelon Corporation (NYSE:EXC) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 2.33, which indicates as a Buy.

Exelon Corporation (NYSE:EXC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $35.21 and $34.92 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.37. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.36, notching a gain of 3.53% for the day. The total traded volume was 8,834,899 . The stock had closed at $35.12 on the previous day.

In an insider trading activity, 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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