Exelon’s “Outperform” Rating Reaffirmed at Credit Suisse (EXC)
Exelon (NYSE:EXC)‘s stock had its “outperform” rating reiterated by equities researchers at Credit Suisse in a research report issued on Tuesday, AnalystRatingsNetwork.com reports. They currently have a $40.00 target price on the stock. Credit Suisse’s price target would suggest a potential upside of 13.35% from the company’s current price.
A number of other analysts have also recently weighed in on EXC. Analysts at Macquarie raised their price target on shares of Exelon from $30.00 to $32.00 in a research note on Friday, April 4th. Separately, analysts at UBS AG raised their price target on shares of Exelon to $30.00 in a research note on Friday, March 14th. They now have a “neutral” rating on the stock. Finally, analysts at Tudor Pickering downgraded shares of Exelon from an “accumulate” rating to a “hold” rating in a research note on Thursday, March 6th. Six investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $31.59.
Exelon (NYSE:EXC) traded up 1.45% during mid-day trading on Tuesday, hitting $35.80. The stock had a trading volume of 5,110,238 shares. Exelon has a 52-week low of $26.45 and a 52-week high of $37.80. The stock has a 50-day moving average of $32.07 and a 200-day moving average of $29.28. The company has a market cap of $30.696 billion and a P/E ratio of 17.65.
Exelon (NYSE:EXC) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.58 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.53 by $0.05. The company had revenue of $6.18 billion for the quarter, compared to the consensus estimate of $5.63 billion. During the same quarter in the prior year, the company posted $0.64 earnings per share. The company’s quarterly revenue was down 1.3% on a year-over-year basis. Analysts expect that Exelon will post $2.37 EPS for the current fiscal year.
Exelon Corporation (NYSE:EXC) is an energy provider and holding company for several energy businesses.
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