Exelon (NASDAQ:EXC) Given In-Line Rating at Evercore ISI

Exelon (NASDAQ:EXC - Get Free Report)'s stock had its "in-line" rating reaffirmed by investment analysts at Evercore ISI in a research report issued on Tuesday, Marketbeat.com reports. They presently have a $48.00 price objective on the stock, up from their previous price objective of $46.00. Evercore ISI's target price indicates a potential upside of 1.57% from the company's current price.

Other analysts have also issued research reports about the company. UBS Group upped their target price on Exelon from $45.00 to $47.00 and gave the company a "neutral" rating in a report on Friday, March 21st. Scotiabank raised their target price on shares of Exelon from $42.00 to $44.00 and gave the company a "sector perform" rating in a report on Thursday, February 13th. Barclays increased their price target on shares of Exelon from $42.00 to $48.00 and gave the company an "overweight" rating in a research report on Tuesday, February 25th. Guggenheim raised Exelon from a "neutral" rating to a "buy" rating in a research note on Thursday, January 23rd. Finally, BMO Capital Markets reissued an "outperform" rating on shares of Exelon in a research report on Tuesday, February 4th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $45.63.

Exelon Price Performance

Exelon stock traded up $0.75 during midday trading on Tuesday, reaching $47.26. The company's stock had a trading volume of 7,496,103 shares, compared to its average volume of 7,232,880. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.78 and a current ratio of 0.87. Exelon has a fifty-two week low of $34.01 and a fifty-two week high of $48.11. The firm has a market capitalization of $47.71 billion, a PE ratio of 19.29, a P/E/G ratio of 2.86 and a beta of 0.39. The stock's 50 day simple moving average is $44.35 and its 200 day simple moving average is $40.81.

Exelon (NASDAQ:EXC - Get Free Report) last issued its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.05. Exelon had a net margin of 10.68% and a return on equity of 9.52%. During the same quarter last year, the company earned $0.60 EPS. On average, equities research analysts forecast that Exelon will post 2.64 earnings per share for the current year.

Insider Buying and Selling at Exelon

In other news, EVP Colette D. Honorable sold 1,463 shares of the business's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $40.57, for a total transaction of $59,353.91. Following the completion of the sale, the executive vice president now directly owns 2,271 shares of the company's stock, valued at $92,134.47. The trade was a 39.18 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Exelon

A number of institutional investors have recently added to or reduced their stakes in EXC. Centre Asset Management LLC increased its position in Exelon by 3.2% during the 1st quarter. Centre Asset Management LLC now owns 7,584 shares of the company's stock worth $349,000 after purchasing an additional 233 shares in the last quarter. Rosenberg Matthew Hamilton lifted its holdings in shares of Exelon by 12.6% during the 4th quarter. Rosenberg Matthew Hamilton now owns 2,457 shares of the company's stock valued at $92,000 after acquiring an additional 275 shares in the last quarter. Wesbanco Bank Inc. increased its holdings in Exelon by 3.1% in the 4th quarter. Wesbanco Bank Inc. now owns 9,951 shares of the company's stock valued at $375,000 after purchasing an additional 296 shares in the last quarter. PFG Investments LLC raised its position in Exelon by 2.4% in the fourth quarter. PFG Investments LLC now owns 13,151 shares of the company's stock valued at $495,000 after purchasing an additional 305 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its position in shares of Exelon by 1.7% in the fourth quarter. Stratos Wealth Partners LTD. now owns 18,505 shares of the company's stock worth $697,000 after buying an additional 311 shares during the period. Hedge funds and other institutional investors own 80.92% of the company's stock.

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.