Diversified Utilities: FuelCell Energy (NASDAQ:FCEL), Exelon Corporation (NYSE:EXC), Public Service Enterprise Group (NYSE:PEG), Ameren Corp (NYSE:AEE)

Posted by on Apr 09, 2014

FuelCell Energy, Inc. (NASDAQ:FCEL) a rising star in the fuel cell industry is the subject of an analyst report. The fuel cell industry is still in its infancy and represents huge potential in the coming years as the acceptance of various forms of alternative energy grows. FuelCell Energy Inc. (NASDAQ:FCEL) shares after opening at $2.35 moved to $2.39 on last trade day and at the end of the day closed at $2.38. Company price to sales ratio in past twelve months was calculated as 3.09 and price to cash ratio as 7.70. FuelCell Energy Inc. (NASDAQ:FCEL) showed a negative weekly performance of -6.67%.

Equities Corporation (NYSE:EXC) research analysts at Macquarie increased their target price on shares of Exelon (NYSE:EXC) from $30.00 to $32.00 in a research note issued to investors on Friday, American Banking News reports. Macquarie’s price target indicates a potential downside of 7.75% from the company’s current price. Exelon Corporation (NYSE:EXC) shares advanced 2.45% in last trading session and ended the day on $35.54. EXC return on equity ratio is recorded as 7.90% and its return on assets is 2.20%. Exelon Corporation (NYSE:EXC) yearly performance is 3.62%.

Public Service Enterprise Group Inc. (NYSE:PEG) opened positive but failed to maintain its intraday buying momentum and saw a bit of profit booking. The increase in the quarterly dividend and strong EPS guidance by the company adds to the strong fundamentals. The rising volumes confirm that the market is accepting the price rise and expects it to rise further. Public Service Enterprise Group Inc. (NYSE:PEG) shares moved up 0.29% in last trading session and was closed at $38.36, while trading in range of $37.65 – $38.50. Public Service Enterprise Group Inc. (NYSE:PEG) year to date (YTD) performance is 20.97%.

Ameren Corp (NYSE:AEE) was upgraded by equities research analysts at EVA Dimensions from a “hold” rating to an “overweight” rating in a research note issued to investors on Tuesday, Analyst Ratings News reports. Ameren Corp (NYSE:AEE) weekly performance is -1.18%. On last trading day company shares ended up $40.28. Ameren Corp (NYSE:AEE) distance from 50-day simple moving average (SMA50) is 2.62%. Analysts mean target price for the company is $39.67.

Leave a Reply

Your email address will not be published. Required fields are marked *