Barclays Sticks to Its Buy Rating for Exelon (EXC)

By Jason Carr

Barclays analyst Eric Beaumont maintained a Buy rating on Exelon (EXCResearch Report) yesterday and set a price target of $54.00. The company’s shares closed last Monday at $49.01, close to its 52-week high of $49.05.

According to TipRanks.com, Beaumont is a 2-star analyst with an average return of 0.9% and a 42.9% success rate. Beaumont covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Brookfield Infrastructure, and Consolidated Edison, Inc.

Currently, the analyst consensus on Exelon is a Moderate Buy with an average price target of $52.86.

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Exelon’s market cap is currently $47.62B and has a P/E ratio of 20.92. The company has a Price to Book ratio of 1.51.

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Exelon Corp. operates as a utility services holding company, which engages in the energy generation, power marketing, and energy delivery business. The company operates through the following segments: Mid Atlantic, Midwest, New England, New York, Electric Reliability Council of Texas (ERCOT) and other Power Regions.