Exelon (EXC) Receives a Hold from Barclays

By Carrie Williams

In a report released yesterday, Eric Beaumont from Barclays maintained a Hold rating on Exelon (EXCResearch Report), with a price target of $54. The company’s shares opened today at $49.66, close to its 52-week high of $51.18.

According to TipRanks.com, Beaumont is a 2-star analyst with an average return of -0.3% and a 50.0% success rate. Beaumont covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Consolidated Edison, Inc., and American Electric Power.

Currently, the analyst consensus on Exelon is a Moderate Buy with an average price target of $52.20, which is a 5.1% upside from current levels. In a report issued on June 4, KeyBanc also initiated coverage with a Hold rating on the stock.

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The company has a one-year high of $51.18 and a one-year low of $40.97. Currently, Exelon has an average volume of 4.99M.

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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.