Brokerage Firm Rating Update on Exelon Corporation (EXC)

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 Corporation (EXC) : 8 Wall Street analysts covering Exelon Corporation (EXC) believe that the average level the stock could reach for the short term is $38.75. The maximum price target given is $41 and the minimum target for short term is around $35, hence the standard deviation is calculated at $1.98.

Exelon

For the current week, the company shares have a recommendation consensus of Buy. Also, Barclays maintains its rating on Exelon Corporation (NYSE:EXC). The global brokerage major lowers the current price target from $41 per share to $39 per share. Analysts at the Barclays have a current rating of Overweight on the shares. The rating by the firm was issued on August 31, 2016.

Exelon Corporation (NYSE:EXC): The stock opened at $34.41 and touched an intraday high of $34.66 on Wednesday. During the day, the stock corrected to an intraday low of $34.295, however, the bulls stepped in and pushed the price higher to close in the green at $34.56 with a gain of 0.32% for the day. The total traded volume for the day was 2,937,237. The stock had closed at $34.45 in the previous trading session.

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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