KeyBanc analyst Sophie Karp maintained a Hold rating on Exelon (EXC – Research Report) today. The company’s shares closed yesterday at $37.89.
Karp covers the Utilities sector, focusing on stocks such as Dominion Energy, Consolidated Edison, and Edison International. According to TipRanks, Karp has an average return of 3.0% and a 52.00% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Exelon with a $39.50 average price target, representing a 4.25% upside. In a report released on April 23, Morgan Stanley also maintained a Hold rating on the stock with a $38.00 price target.
Based on Exelon’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $4.43 billion and a net profit of $343 million. In comparison, last year the company earned a revenue of $4.24 billion and had a net profit of $465 million
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Exelon (EXC) Company Description:
Illinois-based Exelon Corp. is a utility company, which is engaged in power generation, competitive energy sales, transmission and delivery in the United States and Canada. The company operates through five business units including, ComEd, PECO, BGE, PHI, and Generation.
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