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RBC Capital Sticks to Its Hold Rating for Exelon (EXC)

Tipranks - Tipranks - Sat Jan 24, 8:01PM CST

RBC Capital analyst Stephen D’Ambrisi maintained a Hold rating on Exelon on January 22 and set a price target of $51.00. The company’s shares closed yesterday at $44.60.

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According to TipRanks, D’Ambrisi is an analyst with an average return of -0.1% and a 40.00% success rate. D’Ambrisi covers the Utilities sector, focusing on stocks such as OGE Energy, Ameren, and Southern Co.

In addition to RBC Capital, Exelon also received a Hold from Morgan Stanley’s David Arcaro in a report issued on January 21. However, on January 22, Barclays maintained a Buy rating on Exelon (NASDAQ: EXC).

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Based on Exelon’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.71 billion and a net profit of $875 million. In comparison, last year the company earned a revenue of $6.15 billion and had a net profit of $707 million

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