Exelon Corporation (EXC) Receives ‘Analyst’ Rating

Exelon Corporation (EXC) : The consensus on Exelon Corporation (EXC) based on 11 analyst recommendation on the company stock is 1.91, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Exelon Corporation (EXC) : Currently there are 8 street experts covering Exelon Corporation (EXC) stock. The most bullish and bearish price target for the stock is $41 and $35 respectively for the short term. The average price target of all the analysts comes to $38.5. The estimated standard deviation from the target is $2.2.

Exelon

Also, Barclays maintains 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 Overweight by the stock experts at the ratings house. Barclays lowers the price target from $41 per share to $39 per share on Exelon Corporation. The rating by the firm was issued on August 31, 2016.

Exelon Corporation (NYSE:EXC): After opening at $33.04, the stock dipped to an intraday low of $33.02 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $33.735 and the buying power remained strong till the end. The stock closed at $33.65 for the day, a gain of 1.60% for the day session. The total traded volume was 5,018,787. The stocks close on the previous trading day was $33.12.

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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