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

Exelon (NASDAQ:EXC) had its target price lifted by investment analysts at UBS Group from $45.00 to $47.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s target price suggests a potential upside of 6.40% from the company’s previous close.

EXC has been the subject of a number of other reports. Evercore ISI raised Exelon from an “in-line” rating to an “outperform” rating and increased their price target for the company from $43.00 to $44.00 in a research note on Tuesday, January 21st. Barclays lifted their target price on Exelon from $42.00 to $48.00 and gave the stock an “overweight” rating in a report on Tuesday, February 25th. Morgan Stanley upped 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. Scotiabank boosted their target price on shares of Exelon from $42.00 to $44.00 and gave the stock a “sector perform” rating in a report on Thursday, February 13th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Exelon in a report on Tuesday, February 4th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $45.13.

Exelon Stock Performance

Shares of NASDAQ EXC traded down $0.42 during midday trading on Friday, hitting $44.18. 2,306,555 shares of the company’s stock were exchanged, compared to its average volume of 6,210,480. Exelon has a twelve month low of $34.01 and a twelve month high of $45.20. 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 firm has a market cap of $44.41 billion, a P/E ratio of 18.01, a PEG ratio of 2.86 and a beta of 0.51. The stock’s 50 day moving average price is $41.84 and its 200-day moving average price is $39.91.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.64 earnings per share 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 period in the prior year, the company earned $0.60 earnings per share. Equities research analysts anticipate that Exelon will post 2.64 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Colette D. Honorable sold 1,463 shares of the company’s stock in a transaction dated 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 owns 2,271 shares in the company, valued at approximately $92,134.47. This represents a 39.18 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of EXC. Ameriflex Group Inc. acquired a new stake in Exelon in the 4th quarter valued at approximately $25,000. Millstone Evans Group LLC bought a new position in shares of Exelon during the 4th quarter worth about $28,000. Stephens Consulting LLC lifted its stake in shares of Exelon by 78.1% in the fourth quarter. Stephens Consulting LLC now owns 782 shares of the company’s stock valued at $29,000 after buying an additional 343 shares during the period. Brown Lisle Cummings Inc. acquired a new stake in Exelon during the fourth quarter worth about $30,000. Finally, Crews Bank & Trust bought a new position in Exelon during the fourth quarter valued at about $34,000. 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.