Jefferies Group Reaffirms Buy Rating on Exelon (EXC)

By admin | 7 years ago

Exelon (NYSE: EXC)‘s stock had its “buy” rating restated by analysts at Jefferies Group (NYSE: JEF) in a research report issued to clients and investors on Monday.

Separately, analysts at Goldman Sachs (NYSE: GS) initiated coverage on shares of Exelon in a research note to investors on Thursday, March 29th. They set a “neutral” rating on the stock.

Shares of Exelon opened at 38.19 on Monday. Exelon has a one year low of $37.48 and a one year high of $45.45. The company has a market cap of $25.344 billion and a P/E ratio of 12.77.

Exelon last issued its quarterly earnings data on Friday, May 4th. The company reported $0.85 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.80 by $0.05. The company’s quarterly revenue was down 2.5% on a year-over-year basis. On average, analysts predict that Exelon will post $0.74 earnings per share next quarter.

Exelon Corporation (Exelon) is a utility services holding company. It operates through its principal subsidiaries each of which is treated as a segment: Exelon Generation Company, LLC (Generation), Commonwealth Edison Company (ComEd) and PECO Energy Company (PECO).

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