Exelon (NASDAQ:EXC) Stock Price Expected to Rise, UBS Group Analyst Says

Exelon (NASDAQ:EXC - Get Free Report) had its price target increased by investment analysts at UBS Group from $47.00 to $48.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a "neutral" rating on the stock. UBS Group's price target suggests a potential upside of 9.81% from the stock's previous close.

EXC has been the topic of a number of other reports. Evercore ISI boosted their target price on Exelon from $48.00 to $51.00 and gave the stock an "in-line" rating in a research report on Friday, May 2nd. Guggenheim boosted their target price on Exelon from $47.00 to $50.00 and gave the stock a "buy" rating in a research report on Friday, May 2nd. BMO Capital Markets boosted their target price on Exelon from $46.00 to $50.00 and gave the stock an "outperform" rating in a research report on Monday, April 28th. KeyCorp downgraded Exelon from a "sector weight" rating to an "underweight" rating and set a $39.00 price target on the stock. in a report on Wednesday, May 14th. Finally, Wells Fargo & Company lifted their price target on Exelon from $46.00 to $50.00 and gave the company an "equal weight" rating in a report on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $47.40.

Exelon Price Performance

Shares of EXC stock traded up $0.08 during mid-day trading on Friday, hitting $43.71. 2,801,335 shares of the stock traded hands, compared to its average volume of 7,087,212. Exelon has a twelve month low of $34.73 and a twelve month high of $48.11. The firm has a market cap of $44.13 billion, a price-to-earnings ratio of 16.25, a price-to-earnings-growth ratio of 2.49 and a beta of 0.39. The company's 50-day simple moving average is $43.52 and its 200-day simple moving average is $42.89. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.98 and a current ratio of 1.09.

Exelon (NASDAQ:EXC - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.06. The company had revenue of $6.71 billion for the quarter, compared to analysts' expectations of $6.30 billion. Exelon had a return on equity of 10.29% and a net margin of 11.44%. The firm's revenue for the quarter was up 11.1% on a year-over-year basis. During the same period last year, the firm earned $0.68 EPS. As a group, equities research analysts expect that Exelon will post 2.64 earnings per share for the current year.

Institutional Trading of Exelon

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Exelon by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 127,917,037 shares of the company's stock worth $5,894,417,000 after purchasing an additional 581,686 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Exelon by 37.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 27,618,055 shares of the company's stock worth $1,039,545,000 after purchasing an additional 7,483,873 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Exelon by 1.4% during the 4th quarter. Geode Capital Management LLC now owns 26,314,296 shares of the company's stock worth $988,080,000 after purchasing an additional 368,505 shares during the last quarter. Lazard Asset Management LLC lifted its position in shares of Exelon by 2.7% during the 4th quarter. Lazard Asset Management LLC now owns 24,662,037 shares of the company's stock worth $928,277,000 after purchasing an additional 653,627 shares during the last quarter. Finally, Deutsche Bank AG lifted its position in shares of Exelon by 11.6% during the 1st quarter. Deutsche Bank AG now owns 19,077,520 shares of the company's stock worth $879,092,000 after purchasing an additional 1,988,212 shares during the last quarter. 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.

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