BMO Capital Markets Forecasts Strong Price Appreciation for Exelon (NASDAQ:EXC) Stock

Exelon (NASDAQ:EXC) had its price objective boosted by BMO Capital Markets from $51.00 to $52.00 in a research report issued on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the stock. BMO Capital Markets’ price objective would indicate a potential upside of 5.41% from the stock’s current price.

Several other equities analysts have also recently issued reports on EXC. Scotiabank upped their price objective on Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a research report on Friday, February 13th. JPMorgan Chase & Co. lifted their target price on Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. Wolfe Research downgraded Exelon from an “outperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. UBS Group increased their price objective on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Finally, Wall Street Zen upgraded Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Nine equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $51.47.

Exelon Stock Performance

Shares of EXC stock opened at $49.33 on Thursday. The company has a market capitalization of $50.47 billion, a price-to-earnings ratio of 18.07, a price-to-earnings-growth ratio of 2.87 and a beta of 0.41. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.84 and a current ratio of 0.92. Exelon has a one year low of $41.71 and a one year high of $50.65. The company’s 50-day moving average is $47.50 and its 200 day moving average is $45.94.

Exelon (NASDAQ:EXC) last issued its earnings results on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. During the same period in the previous year, the firm earned $0.64 earnings per share. Exelon’s quarterly revenue was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts expect that Exelon will post 2.64 EPS for the current fiscal year.

Hedge Funds Weigh In On Exelon

A number of institutional investors and hedge funds have recently modified their holdings of EXC. Optima Capital LLC bought a new position in Exelon in the fourth quarter valued at about $25,000. Motiv8 Investments LLC purchased a new position in Exelon in the fourth quarter worth about $25,000. LRI Investments LLC grew its stake in shares of Exelon by 210.8% during the 3rd quarter. LRI Investments LLC now owns 578 shares of the company’s stock valued at $26,000 after purchasing an additional 392 shares during the period. Beacon Financial Strategies CORP purchased a new stake in shares of Exelon during the 4th quarter valued at about $26,000. Finally, Leonteq Securities AG purchased a new stake in shares of Exelon during the 4th quarter valued at about $26,000. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

About Exelon

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.