Exelon (NASDAQ:EXC) Stock Rating Lowered by Barclays

Exelon (NASDAQ:EXCGet Free Report) was downgraded by equities research analysts at Barclays from an “overweight” rating to an “equal weight” rating in a research note issued to investors on Friday, MarketBeat.com reports. They presently have a $49.00 price objective on the stock, down from their prior price objective of $50.00. Barclays‘s price target indicates a potential upside of 4.21% from the stock’s previous close.

A number of other brokerages have also commented on EXC. Citigroup started coverage on shares of Exelon in a research note on Thursday, March 26th. They set a “buy” rating and a $58.00 price target for the company. JPMorgan Chase & Co. boosted their price target on shares of Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a research note on Thursday, March 12th. BMO Capital Markets restated a “market perform” rating and set a $49.00 price target (down from $52.00) on shares of Exelon in a research note on Friday. Wall Street Zen upgraded shares of Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Finally, Jefferies Financial Group decreased their price target on shares of Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a research note on Tuesday, January 27th. Six investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $51.00.

Read Our Latest Research Report on Exelon

Exelon Stock Performance

NASDAQ:EXC opened at $47.02 on Friday. The company has a fifty day moving average of $48.33 and a 200-day moving average of $46.28. The firm has a market capitalization of $48.11 billion, a P/E ratio of 17.22, a P/E/G ratio of 2.76 and a beta of 0.41. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 1.66. Exelon has a twelve month low of $41.71 and a twelve month high of $50.65.

Exelon (NASDAQ:EXCGet Free Report) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, beating 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%. The firm’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same period last year, the company posted $0.64 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, sell-side analysts anticipate that Exelon will post 2.64 EPS for the current year.

Hedge Funds Weigh In On Exelon

A number of hedge funds have recently bought and sold shares of the company. Cidel Asset Management Inc. boosted its holdings in Exelon by 19.1% during the 1st quarter. Cidel Asset Management Inc. now owns 10,720 shares of the company’s stock worth $525,000 after acquiring an additional 1,721 shares during the last quarter. AdvisorNet Financial Inc boosted its holdings in Exelon by 3.5% during the 1st quarter. AdvisorNet Financial Inc now owns 27,956 shares of the company’s stock worth $1,370,000 after acquiring an additional 946 shares during the last quarter. SVB Wealth LLC boosted its holdings in Exelon by 11.1% during the 1st quarter. SVB Wealth LLC now owns 57,197 shares of the company’s stock worth $2,804,000 after acquiring an additional 5,711 shares during the last quarter. Bell Investment Advisors Inc boosted its holdings in Exelon by 113.4% during the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after acquiring an additional 287 shares during the last quarter. Finally, Birch Financial Group LLC boosted its holdings in Exelon by 16.4% during the 1st quarter. Birch Financial Group LLC now owns 8,312 shares of the company’s stock worth $407,000 after acquiring an additional 1,169 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Exelon

Here are the key news stories impacting Exelon this week:

About Exelon

(Get Free Report)

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.

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Analyst Recommendations for Exelon (NASDAQ:EXC)

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