Analysts’ target prices
Wall Street analysts have given Exelon (EXC) stock a target price of $51.7—compared to its current market price of $50.3. The target price indicates a potential upside of 3% for the next 12 months. Among the 19 analysts covering Exelon, five recommended a “strong buy,” seven recommended a “buy,” and seven recommended a “hold.” None of the analysts recommended a “sell” as of May 2. The following chart shows how analysts’ views on Exelon stock changed in the last few months.
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Peers’ target prices
Among the 18 analysts covering American Electric Power (AEP), four recommended a “strong buy,” six recommended a “buy,” and eight recommended a “hold.” Their mean target price of $85.1 implies flattish movement from the stock this year based on its current price of $85.0.
American Electric Power reported its first-quarter earnings last week. The company beat the consensus estimates and reported EPS growth of 24% YoY. To learn more, read AEP Reports Solid Q1 Results.
Analysts have given NextEra Energy (NEE) a mean target price of $197.4—compared to its current market price of $193.3, which implies a potential upside of 2.1% over the next 12 months.
NextEra Energy is one of analysts’ favorite utility stocks based on the number of “buy” recommendations. According to Reuters, five analysts recommended a “strong buy,” nine recommended a “buy,” and three recommended a “hold.” To learn more, read NextEra Energy Continues Its Earnings Growth Streak in Q1.