Exelon Co. (NASDAQ:EXC) Receives $43.13 Consensus PT from Analysts

Exelon Co. (NASDAQ:EXC) has received an average rating of “Moderate Buy” from the nine ratings firms that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $43.13.

A number of equities research analysts recently commented on EXC shares. Scotiabank upped their price target on shares of Exelon from $40.00 to $42.00 and gave the company a “sector perform” rating in a report on Thursday, December 12th. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research report on Thursday, January 23rd. Evercore ISI raised shares of Exelon from an “in-line” rating to an “outperform” rating and upped their target price for the stock from $43.00 to $44.00 in a research report on Tuesday, January 21st. Morgan Stanley cut their price objective on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Friday, November 22nd. Finally, Barclays cut their price objective on shares of Exelon from $44.00 to $42.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 22nd.

Hedge Funds Weigh In On Exelon

Several institutional investors have recently made changes to their positions in the business. Czech National Bank raised its stake in Exelon by 7.0% during the 4th quarter. Czech National Bank now owns 217,868 shares of the company’s stock worth $8,201,000 after acquiring an additional 14,158 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in Exelon by 20.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,624,805 shares of the company’s stock worth $61,158,000 after acquiring an additional 279,827 shares during the period. HITE Hedge Asset Management LLC raised its stake in Exelon by 431.3% during the 3rd quarter. HITE Hedge Asset Management LLC now owns 395,840 shares of the company’s stock worth $16,051,000 after acquiring an additional 321,333 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Exelon by 2.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,446,408 shares of the company’s stock worth $261,402,000 after acquiring an additional 123,466 shares during the period. Finally, State Street Corp raised its stake in Exelon by 3.7% during the 3rd quarter. State Street Corp now owns 60,169,219 shares of the company’s stock worth $2,439,862,000 after acquiring an additional 2,156,259 shares during the period. Institutional investors own 80.92% of the company’s stock.

Exelon Trading Up 1.4 %

Shares of EXC opened at $40.57 on Thursday. The firm has a market cap of $40.77 billion, a price-to-earnings ratio of 16.70, a PEG ratio of 2.66 and a beta of 0.55. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.97 and a current ratio of 1.09. Exelon has a fifty-two week low of $33.35 and a fifty-two week high of $41.19. The firm has a 50 day moving average price of $38.22 and a 200-day moving average price of $38.57.

Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.