Analyst Rating Update on Exelon Corporation (EXC)

Exelon Corporation (EXC) : Zacks Investment Research ranks Exelon Corporation (EXC) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 2.17, which indicates as a Buy.

Exelon Corporation (EXC) : The highest short term price target forecast on Exelon Corporation (EXC) is $41 and the lowest target price is $32. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $37.44 with a standard deviation of $3.

For the current week, the company shares have a recommendation consensus of Buy. Also, Deutsche Bank upgrades its view on Exelon Corporation (NYSE:EXC) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Earlier, the shares had a rating of Hold. The rating by the firm was issued on July 22, 2016.

Exelon

Exelon Corporation (NYSE:EXC): The stock opened at $36.82 on Wednesday but the bulls could not build on the opening and the stock topped out at $36.92 for the day. The stock traded down to $36.43 during the day, due to lack of any buying support eventually closed down at $36.57 with a loss of -0.57% for the day. The stock had closed at $36.78 on the previous day. The total traded volume was 4,390,245 shares.

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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