Morgan Stanley Maintains Their Hold Rating on Exelon (EXC)

By Carrie Williams

Morgan Stanley analyst Stephen Byrd maintained a Hold rating on Exelon (EXCResearch Report) today and set a price target of $56. The company’s shares closed last Monday at $44.82.

According to TipRanks.com, Byrd is a 1-star analyst with an average return of -2.0% and a 51.9% success rate. Byrd covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Consolidated Edison, Inc., and Public Service Enterprise.

Exelon has an analyst consensus of Moderate Buy, with a price target consensus of $51.57, representing a 15.1% upside. In a report issued on August 2, SunTrust Robinson also maintained a Hold rating on the stock with a $46 price target.

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Exelon’s market cap is currently $43.38B and has a P/E ratio of 19.06. The company has a Price to Book ratio of 1.38.

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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.