SunTrust Robinson analyst Ali Agha reiterated a Hold rating on Exelon (EXC) today and set a price target of $50. The company’s shares closed on Friday at $48.74, close to its 52-week high of $48.91.
According to TipRanks.com, Agha is a 5-star analyst with an average return of 11.2% and a 73.8% success rate. Agha covers the Utilities sector, focusing on stocks such as Vistra Energy Corp, Pnm Resources Inc, and Duke Energy Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Exelon with a $49.64 average price target, implying a 1.8% upside from current levels. In a report issued on February 12, Morgan Stanley also maintained a Hold rating on the stock with a $49 price target.
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The company has a one-year high of $48.91 and a one-year low of $36.50. Currently, Exelon has an average volume of 5.71M.
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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.
