Credit Suisse Maintains Their Buy Rating on Exelon (EXC)

Credit Suisse analyst Michael Weinstein W. maintained a Buy rating on Exelon (EXC) today and set a price target of $46.00. The company’s shares closed last Wednesday at $37.65.

According to, W. is a 5-star analyst with an average return of 22.2% and a 61.8% success rate. W. covers the Utilities sector, focusing on stocks such as Nextera Energy Partners, Pinnacle West Capital, and Consolidated Edison.

Currently, the analyst consensus on Exelon is a Moderate Buy with an average price target of $45.80, a 18.4% upside from current levels. In a report issued on July 23, RBC Capital also maintained a Buy rating on the stock with a $46.00 price target.

See today’s analyst top recommended stocks >>

Exelon’s market cap is currently $37.76B and has a P/E ratio of 14.20. The company has a Price to Book ratio of 1.43.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Exelon Corp. operates as a utility services holding company, which engages in the energy generation, power marketing, and energy delivery business. It operates through the following segments: Mid Atlantic, Midwest, New York, Electric Reliability Council of Texas (ERCOT) and other Power Regions. The Mid-Atlantic segment represents operations in the eastern half of PJM, which includes New Jersey, Maryland, Virginia, West Virginia, Delaware, the District of Columbia and parts of Pennsylvania and North Carolina. The Midwest segment operates in the western half of PJM, which includes portions of Illinois, Pennsylvania, Indiana, Ohio, Michigan, Kentucky and Tennessee, and the United States footprint of MISO, excluding MISO’s Southern Region, which covers all or most of North Dakota, South Dakota, Nebraska, Minnesota, Iowa, Wisconsin, the remaining parts of Illinois, Indiana, Michigan and Ohio not covered by PJM, and parts of Montana, Missouri and Kentucky. The New York (NY) segment provides operations within ISO-NY, which covers the state of New York in its entirety. The ERCOT segment includes operations within Electric Reliability Council of Texas, covering most of the state of Texas. The Other Power Regions consists of the operations in New England, South, West, and Canada. The company was founded in February 1999 and is headquartered in Chicago, IL.

Read More on EXC:

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts