Mizuho Securities Sticks to Its Hold Rating for Exelon (EXC)


In a report released today, Paul Fremont from Mizuho Securities reiterated a Hold rating on Exelon (EXC), with a price target of $47. The company’s shares opened today at $48.01, close to its 52-week high of $48.30.

According to TipRanks.com, Fremont is a 4-star analyst with an average return of 5.3% and a 69.9% success rate. Fremont covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Edison International.

Exelon has an analyst consensus of Moderate Buy, with a price target consensus of $49.64, a 3.4% upside from current levels. In a report issued on February 8, Wells Fargo also maintained a Hold rating on the stock.

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The company has a one-year high of $48.30 and a one-year low of $36.50. Currently, Exelon has an average volume of 5.62M.

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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.

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