Exelon Corporation (EXC) : Analyst Rating Update

Exelon Corporation (EXC) has an average broker rating of 2.33, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.

Exelon Corporation (EXC) : The most positive equity analysts on Exelon Corporation (EXC) expects the shares to touch $40, whereas, the least positive believes that the stock will trade at $32 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $36.33 with an expected fluctuation of $2.6 from the mean.

Exelon Corporation (NYSE:EXC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.22 and $36.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.63, notching a gain of 1.16% for the day. The total traded volume was 5,411,747 . The stock had closed at $36.21 on the previous day.

Also, Equity Analysts at the Brokerage Firm, Deutsche Bank, downgrades their rating on the shares of Exelon Corporation (NYSE:EXC). Deutsche Bank has a Hold rating on the shares. Previously, the analysts had a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $36 per share from a prior target of $34. The rating by the firm was issued on April 18, 2016. The company shares have rallied 11.07% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $36.46 and the one year low was seen on Dec 14, 2015. The 50-Day Moving Average price is $34.63 and the 200 Day Moving Average price is recorded at $32.81.

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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