Exelon Corporation (EXC) is Resumed by Goldman to Neutral

Exelon Corporation (EXC) was Resumed by Goldman to “Neutral”. Goldman advised their investors in a research report released on Apr 11, 2016.

Many Wall Street Analysts have commented on Exelon Corporation. Morgan Stanley Resumed Exelon Corporation on Apr 6, 2016 to “Equal-Weight”, Price Target of the shares are set at $38.Barclays Resumed Exelon Corporation on Mar 24, 2016 to “Overweight”, Price Target of the shares are set at $39.Argus Upgraded Exelon Corporation on Mar 7, 2016 to ” Buy”, Price Target of the shares are set at $39.

On the company’s financial health, Exelon Corporation reported $0.38 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Feb 3, 2016. Analyst had a consensus of $0.39. The company had revenue of $6682.00 million for the quarter, compared to analysts expectations of $7139.43 million. The company’s revenue was down -3.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.48 EPS.

Exelon Corporation closed down -0.16 points or -0.46% at $34.54 with 37,12,097 shares getting traded on Monday. Post opening the session at $34.72, the shares hit an intraday low of $34.49 and an intraday high of $35.05 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Feb 8, 2016, Calvin Jr Butler (CEO, BGE) sold 5,000 shares at $32.42 per share price. According to the SEC, on Feb 5, 2016, Duane M Desparte (SVP and Controller) sold 3,000 shares at $32.36 per share price.

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

Exelon Corporation

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