KeyCorp Raises Exelon (NASDAQ:EXC) Price Target to $44.00

Exelon (NASDAQ:EXC) had its price target hoisted by equities researchers at KeyCorp from $39.00 to $44.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an “underweight” rating on the stock. KeyCorp’s price target would suggest a potential downside of 9.78% from the company’s previous close.

A number of other research firms also recently issued reports on EXC. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Barclays dropped their price target on shares of Exelon from $52.00 to $50.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. Jefferies Financial Group reduced their price target on Exelon from $57.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. Morgan Stanley restated an “underperform” rating and set a $51.00 price objective on shares of Exelon in a research note on Wednesday, January 21st. Finally, UBS Group upped their target price on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Eight investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $50.50.

Exelon Price Performance

Shares of NASDAQ EXC opened at $48.77 on Wednesday. The firm has a market cap of $49.89 billion, a P/E ratio of 17.86, a price-to-earnings-growth ratio of 2.87 and a beta of 0.45. The business’s 50 day moving average is $45.45 and its 200-day moving average is $45.22. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. Exelon has a 1-year low of $41.71 and a 1-year high of $49.88.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.During the same period last year, the business posted $0.64 EPS. The company’s revenue was down 1.1% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts predict that Exelon will post 2.64 earnings per share for the current year.

Hedge Funds Weigh In On Exelon

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Exelon during the fourth quarter worth $89,000. Bayban bought a new stake in Exelon during the 4th quarter worth $38,000. Pure Financial Advisors LLC increased its holdings in Exelon by 24.7% in the 4th quarter. Pure Financial Advisors LLC now owns 5,638 shares of the company’s stock worth $246,000 after purchasing an additional 1,116 shares in the last quarter. Henson Edgewater Management LLC bought a new position in Exelon in the fourth quarter valued at about $431,000. Finally, SHP Wealth Management bought a new position in Exelon in the 4th quarter valued at approximately $26,000. Institutional investors own 80.92% of the company’s stock.

Exelon Company Profile

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.