Exelon (NASDAQ:EXC) Given New $50.00 Price Target at BMO Capital Markets

Exelon (NASDAQ:EXC) had its target price upped by stock analysts at BMO Capital Markets from $46.00 to $50.00 in a research note issued on Monday,Benzinga reports. The firm presently has an “outperform” rating on the stock. BMO Capital Markets’ price target suggests a potential upside of 7.40% from the company’s current price.

EXC has been the subject of several other research reports. Morgan Stanley raised their target price on Exelon from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 20th. UBS Group raised their price objective on shares of Exelon from $45.00 to $47.00 and gave the stock a “neutral” rating in a research report on Friday, March 21st. Evercore ISI reiterated an “in-line” rating and set a $48.00 target price (up previously from $46.00) on shares of Exelon in a research report on Tuesday, April 15th. Guggenheim set a $47.00 price target on shares of Exelon and gave the stock a “buy” rating in a report on Tuesday, April 22nd. Finally, Barclays upped their price objective on shares of Exelon from $42.00 to $48.00 and gave the company an “overweight” rating in a report on Tuesday, February 25th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $46.67.

Exelon Trading Up 0.7 %

NASDAQ:EXC traded up $0.34 on Monday, reaching $46.56. 1,020,882 shares of the stock traded hands, compared to its average volume of 7,248,083. The firm has a market capitalization of $47.00 billion, a price-to-earnings ratio of 18.97, a price-to-earnings-growth ratio of 2.86 and a beta of 0.39. Exelon has a 1-year low of $34.01 and a 1-year high of $48.11. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 1.61. The company’s 50 day moving average is $44.73 and its 200-day moving average is $41.05.

Exelon (NASDAQ:EXC) last released its earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, beating 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 period last year, the business earned $0.60 EPS. Equities research analysts anticipate that Exelon will post 2.64 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Colette D. Honorable sold 1,463 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was 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 approximately $92,134.47. This trade represents a 39.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Czech National Bank increased its stake in shares of Exelon by 7.0% during the 4th quarter. Czech National Bank now owns 217,868 shares of the company’s stock worth $8,201,000 after purchasing an additional 14,158 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its position in Exelon by 20.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,624,805 shares of the company’s stock worth $61,158,000 after buying an additional 279,827 shares during the last quarter. Greenup Street Wealth Management LLC purchased a new position in shares of Exelon during the 4th quarter valued at $2,274,000. Principal Financial Group Inc. grew its stake in shares of Exelon by 3.3% during the 3rd quarter. Principal Financial Group Inc. now owns 1,159,783 shares of the company’s stock worth $47,029,000 after acquiring an additional 36,734 shares during the period. Finally, Principal Securities Inc. increased its holdings in Exelon by 10.6% in the 4th quarter. Principal Securities Inc. now owns 22,612 shares of the company’s stock worth $851,000 after acquiring an additional 2,160 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

About Exelon

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.