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Exelon (EXC) Gets a Hold from Scotiabank

Tipranks - Tipranks - Wed Jun 24, 6:44AM CDT

Scotiabank analyst Andrew Weisel maintained a Hold rating on Exelon today and set a price target of $47.00.

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Weisel covers the Utilities sector, focusing on stocks such as Black Hills, Eversource Energy, and WEC Energy Group. According to TipRanks, Weisel has an average return of 7.3% and a 68.31% success rate on recommended stocks.

In a report released on June 21, BMO Capital also maintained a Hold rating on the stock with a $48.00 price target.

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Based on Exelon’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $7.24 billion and a net profit of $919 million. In comparison, last year the company earned a revenue of $6.71 billion and had a net profit of $908 million

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