Exelon (EXC) Gets a Hold Rating from Morgan Stanley


In a report released today, Stephen Byrd from Morgan Stanley maintained a Hold rating on Exelon (EXC), with a price target of $49. The company’s shares closed yesterday at $47.80, close to its 52-week high of $48.17.

According to TipRanks.com, Byrd is a 1-star analyst with an average return of -1.4% and a 57.0% success rate. Byrd covers the Utilities sector, focusing on stocks such as American Electric Power, Edison International, and NextEra Energy Inc.

Currently, the analyst consensus on Exelon is a Moderate Buy with an average price target of $48.95, a 2.4% upside from current levels. In a report issued on January 28, SunTrust Robinson also maintained a Hold rating on the stock with a $47 price target.

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Exelon’s market cap is currently $46.22B and has a P/E ratio of 23.03. The company has a Price to Book ratio of 1.49.

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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, ERCOT and other Power Regions.

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