Exelon (NASDAQ:EXC) Given New $47.00 Price Target at UBS Group

Exelon (NASDAQ:EXC - Get Free Report) had its price objective upped by stock analysts at UBS Group from $45.00 to $47.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a "neutral" rating on the stock. UBS Group's target price would indicate a potential upside of 7.13% from the stock's current price.

Other analysts have also recently issued reports about the company. BMO Capital Markets reissued an "outperform" rating on shares of Exelon in a report on Tuesday, February 4th. Barclays boosted their target price on shares of Exelon from $42.00 to $48.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 25th. Morgan Stanley increased their price target on shares of Exelon from $46.00 to $48.00 and gave the company an "equal weight" rating in a report on Thursday. Evercore ISI raised shares of Exelon from an "in-line" rating to an "outperform" rating and boosted their price objective for the stock from $43.00 to $44.00 in a report on Tuesday, January 21st. Finally, Scotiabank increased 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. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Exelon presently has an average rating of "Moderate Buy" and a consensus price target of $45.13.

Exelon Stock Performance

Shares of EXC traded up $0.07 during mid-day trading on Friday, hitting $43.87. 1,830,878 shares of the company's stock were exchanged, compared to its average volume of 6,242,616. The business's 50 day moving average is $41.97 and its two-hundred day moving average is $39.97. Exelon has a fifty-two week low of $34.01 and a fifty-two week high of $45.20. The firm has a market capitalization of $44.10 billion, a P/E ratio of 17.91, a P/E/G ratio of 2.86 and a beta of 0.51. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 1.61.

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Exelon (NASDAQ:EXC - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 EPS. On average, equities analysts expect that Exelon will post 2.64 earnings per share for the current year.

Insider Buying and Selling at Exelon

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

Hedge Funds Weigh In On Exelon

Several institutional investors and hedge funds have recently modified their holdings of the company. Ameriflex Group Inc. purchased a new position in shares of Exelon during the 4th quarter worth $25,000. Millstone Evans Group LLC purchased a new position in shares of Exelon in the 4th quarter valued at $28,000. Stephens Consulting LLC lifted its stake in shares of Exelon by 78.1% during the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company's stock worth $29,000 after purchasing an additional 343 shares in the last quarter. Brown Lisle Cummings Inc. purchased a new stake in shares of Exelon in the fourth quarter worth about $30,000. Finally, Crews Bank & Trust purchased a new stake in shares of Exelon during the 4th quarter valued at about $34,000. 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.