Exelon (EXC) PT Raised to $49.50 at Mizuho

Exelon (NYSE:EXC) had its price target boosted by equities researchers at Mizuho from $47.00 to $49.50 in a report issued on Thursday, BenzingaRatingsTable reports. The brokerage presently has a “neutral” rating on the energy giant’s stock. Mizuho’s price objective would indicate a potential upside of 0.84% from the company’s current price.

Several other research firms also recently commented on EXC. Wells Fargo & Co raised Exelon from a “market perform” rating to an “outperform” rating and upped their target price for the company from $50.00 to $57.00 in a research report on Tuesday, April 2nd. Goldman Sachs Group raised Exelon from a “sell” rating to a “neutral” rating and upped their target price for the company from $43.00 to $47.00 in a research report on Tuesday, April 9th. Scotiabank reaffirmed a “buy” rating and issued a $50.00 target price on shares of Exelon in a research report on Wednesday, February 13th. Morgan Stanley upped their target price on Exelon from $47.00 to $49.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 12th. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $49.00 target price on shares of Exelon in a research report on Tuesday, February 12th. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $48.97.

NYSE EXC traded up $0.12 during trading on Thursday, reaching $49.09. 1,089,609 shares of the company’s stock were exchanged, compared to its average volume of 5,357,454. The company has a market cap of $48.37 billion, a PE ratio of 15.73, a price-to-earnings-growth ratio of 4.21 and a beta of 0.37. The company has a quick ratio of 0.89, a current ratio of 1.02 and a debt-to-equity ratio of 0.99. Exelon has a fifty-two week low of $39.10 and a fifty-two week high of $51.03.



Exelon (NYSE:EXC) last announced its quarterly earnings results on Thursday, May 2nd. The energy giant reported $0.87 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.87. The firm had revenue of $9.48 billion for the quarter, compared to the consensus estimate of $9.10 billion. Exelon had a return on equity of 8.85% and a net margin of 6.52%. The business’s revenue was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.96 earnings per share. As a group, research analysts anticipate that Exelon will post 3.14 EPS for the current fiscal year.

In related news, EVP Joseph Nigro sold 53,800 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $49.59, for a total transaction of $2,667,942.00. Following the sale, the executive vice president now owns 99,574 shares of the company’s stock, valued at $4,937,874.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Paymon Aliabadi sold 17,500 shares of the stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $48.36, for a total value of $846,300.00. The disclosure for this sale can be found here. Corporate insiders own 0.27% of the company’s stock.

A number of large investors have recently modified their holdings of EXC. HL Financial Services LLC lifted its stake in Exelon by 3.2% during the first quarter. HL Financial Services LLC now owns 6,387 shares of the energy giant’s stock worth $320,000 after purchasing an additional 200 shares during the last quarter. Braun Bostich & Associates Inc. lifted its stake in Exelon by 51.7% during the fourth quarter. Braun Bostich & Associates Inc. now owns 613 shares of the energy giant’s stock worth $28,000 after purchasing an additional 209 shares during the last quarter. Coldstream Capital Management Inc. lifted its stake in Exelon by 3.1% during the first quarter. Coldstream Capital Management Inc. now owns 7,030 shares of the energy giant’s stock worth $352,000 after purchasing an additional 212 shares during the last quarter. Bank of The West lifted its stake in Exelon by 2.0% during the first quarter. Bank of The West now owns 11,953 shares of the energy giant’s stock worth $599,000 after purchasing an additional 233 shares during the last quarter. Finally, Tortoise Investment Management LLC lifted its stake in Exelon by 58.5% during the first quarter. Tortoise Investment Management LLC now owns 634 shares of the energy giant’s stock worth $32,000 after purchasing an additional 234 shares during the last quarter. 80.23% of the stock is currently owned by institutional investors and hedge funds.

Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

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Analyst Recommendations for Exelon (NYSE:EXC)

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