Exelon Corporation (EXC) Receives Price Target

Exelon Corporation (EXC) : 8 investment research analysts covering Exelon Corporation (EXC) have an average price target of $39 for the near short term. The highest target price given by the Brokerage Firm to the stock is $41 and the lowest target is $35 for the short term. Analysts expect the variance to be within $2.14 of the average price.

Exelon Corporation (EXC) : 6 brokerage houses believe that Exelon Corporation (EXC) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Exelon Corporation (EXC). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 11 Wall Street Analysts endorse the stock as a Buy with a rating of 1.91.

Exelon

Also, JP Morgan maintains its rating on Exelon Corporation (NYSE:EXC). The global brokerage major lowers the current price target from $41 per share to $40 per share. Analysts at the JP Morgan have a current rating of Overweight on the shares. The rating by the firm was issued on August 16, 2016.

Exelon Corporation (NYSE:EXC): The stock opened at $33.91 on Thursday but the bulls could not build on the opening and the stock topped out at $34.02 for the day. The stock traded down to $33.74 during the day, due to lack of any buying support eventually closed down at $33.81 with a loss of -0.56% for the day. The stock had closed at $34.00 on the previous day. The total traded volume was 4,717,413 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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