Barclays Issues Positive Forecast for Exelon (NASDAQ:EXC) Stock Price

Exelon (NASDAQ:EXC) had its target price boosted by equities research analysts at Barclays from $42.00 to $48.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s target price suggests a potential upside of 10.73% from the company’s previous close.

A number of other research firms have also recently commented on EXC. Scotiabank upped their target price on Exelon from $42.00 to $44.00 and gave the company a “sector perform” rating in a research note on Thursday, February 13th. BMO Capital Markets reiterated an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. Morgan Stanley lowered their price objective on shares of Exelon from $46.00 to $44.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. Guggenheim raised shares of Exelon from a “neutral” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, Evercore ISI upgraded Exelon from an “in-line” rating to an “outperform” rating and boosted their price target for the company from $43.00 to $44.00 in a report on Tuesday, January 21st. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Exelon has a consensus rating of “Moderate Buy” and a consensus target price of $44.13.

Exelon Trading Down 0.1 %

Shares of NASDAQ EXC opened at $43.35 on Tuesday. The stock has a market capitalization of $43.58 billion, a P/E ratio of 17.69, a PEG ratio of 2.86 and a beta of 0.56. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.87 and a quick ratio of 0.78. The business’s 50 day moving average is $39.56 and its two-hundred day moving average is $39.15. Exelon has a 1-year low of $34.01 and a 1-year high of $44.01.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 EPS 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 business earned $0.60 earnings per share. As a group, research analysts expect that Exelon will post 2.64 EPS for the current year.

Insider Buying and Selling

In other Exelon news, EVP Colette D. Honorable sold 1,463 shares of Exelon stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $40.57, for a total value of $59,353.91. Following the transaction, the executive vice president now owns 2,271 shares in the company, valued at $92,134.47. The trade was a 39.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is currently owned by company insiders.

Institutional Trading of Exelon

A number of institutional investors have recently modified their holdings of the company. Ameriflex Group Inc. acquired a new position in Exelon during the 4th quarter valued at about $25,000. Millstone Evans Group LLC acquired a new position in shares of Exelon during the fourth quarter valued at about $28,000. Stephens Consulting LLC raised its position in shares of Exelon by 78.1% in the 4th quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after purchasing an additional 343 shares during the last quarter. Brown Lisle Cummings Inc. acquired a new stake in Exelon in the 4th quarter worth approximately $30,000. Finally, Ashton Thomas Securities LLC purchased a new stake in Exelon during the 3rd quarter worth approximately $32,000. 80.92% of the stock is currently owned by institutional investors.

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.