Exelon on the Street: Analyst Recommendations and Price Targets
Exelon’s price targets
According to Wall Street analysts, Exelon (EXC) has a price target of $38.75, as compared to its current market price of $35.96. This target implies an estimated upside of nearly 8% over the next year.
Of the 22 analysts tracking Exelon, seven have recommended a “hold,” while ten have recommended a “buy,” and five have recommended a “strong buy.” None of these analysts has issued a “sell” recommendation on Exelon as of March 24, 2017.
Interested in EXC? Don't miss the next report.
Receive e-mail alerts for new research on EXC
By comparison, analysts expect an 11% rise in FirstEnergy (FE) over the next year. According to these analysts’ estimates, FE has an estimated price target of $34.59, as compared to its current market price of $31.20.
Meanwhile, Public Service Enterprise Group (PEG) has a price target of $46.81, as compared to its current market price of $45.07. This target implies an estimated upside of 4% over the next year.
For more on how utilities look to be positioned in 2017, check out Market Realist’s Hawkish Fed or Helpful Weather: What Will Drive Utilities in 2017?