Exelon (NASDAQ:EXC – Get Rating) had its price objective decreased by equities research analysts at BMO Capital Markets from $46.00 to $44.00 in a research note issued on Thursday, The Fly reports. BMO Capital Markets’ price objective would suggest a potential upside of 11.70% from the company’s previous close.
Several other equities analysts have also recently weighed in on EXC. Wells Fargo & Company decreased their price objective on Exelon from $47.00 to $45.00 in a report on Wednesday, February 15th. Morgan Stanley boosted their target price on shares of Exelon from $46.00 to $49.00 and gave the stock an “overweight” rating in a research note on Thursday, April 20th. Mizuho dropped their target price on shares of Exelon from $46.00 to $45.00 in a report on Tuesday, May 16th. Finally, StockNews.com started coverage on shares of Exelon in a report on Thursday, May 18th. They set a “hold” rating on the stock. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.30.
Exelon Price Performance
NASDAQ EXC opened at $39.39 on Thursday. Exelon has a fifty-two week low of $35.19 and a fifty-two week high of $49.86. The stock’s 50-day moving average is $41.73 and its two-hundred day moving average is $41.71. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.96 and a quick ratio of 0.88. The firm has a market cap of $39.18 billion, a P/E ratio of 17.51, a price-to-earnings-growth ratio of 2.56 and a beta of 0.62.
In other Exelon news, CEO Carim V. Khouzami sold 6,000 shares of the company’s stock in a transaction that occurred on Friday, March 17th. The shares were sold at an average price of $41.65, for a total value of $249,900.00. Following the completion of the transaction, the chief executive officer now directly owns 4,498 shares in the company, valued at $187,341.70. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.18% of the stock is owned by corporate insiders.
Institutional Trading of Exelon
A number of institutional investors have recently modified their holdings of the company. SVB Wealth LLC raised its stake in shares of Exelon by 2.9% during the 1st quarter. SVB Wealth LLC now owns 7,714 shares of the company’s stock worth $367,000 after purchasing an additional 219 shares in the last quarter. First Financial Corp IN lifted its position in shares of Exelon by 47.0% during the 4th quarter. First Financial Corp IN now owns 735 shares of the company’s stock worth $32,000 after buying an additional 235 shares during the period. Keybank National Association OH raised its position in Exelon by 2.7% in the 4th quarter. Keybank National Association OH now owns 9,091 shares of the company’s stock valued at $393,000 after purchasing an additional 240 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in Exelon by 2.2% in the 1st quarter. Stratos Wealth Partners LTD. now owns 11,283 shares of the company’s stock valued at $473,000 after purchasing an additional 248 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of Exelon by 1.4% in the 1st quarter. NewEdge Advisors LLC now owns 18,411 shares of the company’s stock valued at $775,000 after buying an additional 248 shares during the period. 80.60% of the stock is currently owned by institutional investors.
Exelon Company Profile
Exelon Corp. is a utility services holding company, which engages in the energy distribution and transmission businesses. It operates through the following segments: Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL), and Atlantic City Electric Company (ACE).
- Get a free copy of the StockNews.com research report on Exelon (EXC)
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