Brokerages Set Exelon Co. (NASDAQ:EXC) Target Price at $41.33

Shares of Exelon Co. (NASDAQ:EXC) have received a consensus recommendation of “Hold” from the fourteen analysts that are currently covering the firm, MarketBeat reports. Ten investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $41.33.

Several analysts have recently commented on the company. UBS Group increased their price objective on Exelon from $40.00 to $43.00 and gave the company a “neutral” rating in a report on Friday, September 20th. Morgan Stanley upped their target price on Exelon from $42.00 to $45.00 and gave the company an “equal weight” rating in a research report on Wednesday, September 25th. Barclays raised their price target on Exelon from $41.00 to $44.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th. Scotiabank boosted their price target on Exelon from $37.00 to $40.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 20th. Finally, Wells Fargo & Company increased their price objective on shares of Exelon from $40.00 to $42.00 and gave the company an “equal weight” rating in a research report on Friday, August 2nd.

Institutional Trading of Exelon

Large investors have recently made changes to their positions in the business. Register Financial Advisors LLC purchased a new stake in shares of Exelon in the first quarter worth about $26,000. Crewe Advisors LLC acquired a new stake in shares of Exelon during the 1st quarter worth approximately $26,000. Versant Capital Management Inc increased its holdings in shares of Exelon by 646.2% during the 2nd quarter. Versant Capital Management Inc now owns 776 shares of the company’s stock valued at $27,000 after purchasing an additional 672 shares in the last quarter. J.Safra Asset Management Corp acquired a new position in shares of Exelon in the 2nd quarter valued at $28,000. Finally, American National Bank & Trust boosted its holdings in Exelon by 178.8% during the third quarter. American National Bank & Trust now owns 697 shares of the company’s stock worth $28,000 after buying an additional 447 shares in the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Price Performance

EXC opened at $40.71 on Tuesday. The firm has a market capitalization of $40.73 billion, a PE ratio of 16.75, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.03 and a quick ratio of 0.93. The business’s 50-day moving average is $39.38 and its two-hundred day moving average is $37.59. Exelon has a 1 year low of $33.35 and a 1 year high of $41.48.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.07. The firm had revenue of $5.36 billion for the quarter, compared to the consensus estimate of $4.98 billion. Exelon had a net margin of 10.65% and a return on equity of 9.40%. During the same quarter in the previous year, the firm earned $0.41 EPS. Research analysts anticipate that Exelon will post 2.45 earnings per share for the current fiscal year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Monday, August 12th were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date of this dividend was Monday, August 12th. Exelon’s dividend payout ratio is presently 62.55%.

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.