Exelon (NASDAQ:EXC) Price Target Cut to $49.00 by Analysts at TD Cowen

by · The Cerbat Gem

Exelon (NASDAQ:EXC – Get Free Report) had its price target decreased by investment analysts at TD Cowen from $51.00 to $49.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “hold” rating on the stock. TD Cowen’s price target would indicate a potential upside of 13.19% from the stock’s previous close.

Other equities research analysts have also issued reports about the stock. UBS Group boosted their target price on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Wells Fargo & Company set a $50.00 target price on shares of Exelon in a research report on Tuesday, April 21st. Jefferies Financial Group lowered shares of Exelon from a “buy” rating to a “hold” rating and decreased their target price for the stock from $55.00 to $50.00 in a research report on Monday, April 20th. BMO Capital Markets restated a “market perform” rating and set a $49.00 target price (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. Finally, Wall Street Zen upgraded shares of Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Four research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Exelon currently has an average rating of “Hold” and an average target price of $50.33.

View Our Latest Report on EXC

Exelon Stock Performance

NASDAQ:EXC traded down $1.11 during midday trading on Friday, reaching $43.29. The stock had a trading volume of 3,208,328 shares, compared to its average volume of 8,533,564. The firm has a fifty day simple moving average of $47.66 and a two-hundred day simple moving average of $46.12. Exelon has a 12-month low of $42.11 and a 12-month high of $50.65. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The stock has a market cap of $44.29 billion, a P/E ratio of 15.87, a P/E/G ratio of 2.56 and a beta of 0.32.

Exelon (NASDAQ:EXC – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The firm had revenue of $7.24 billion for the quarter, compared to analyst estimates of $6.93 billion. During the same period last year, the firm posted $0.92 EPS. Exelon’s quarterly revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities analysts expect that Exelon will post 2.86 EPS for the current year.

Institutional Investors Weigh In On Exelon

Several institutional investors and hedge funds have recently made changes to their positions in EXC. Resonant Capital Advisors LLC raised its stake in Exelon by 2.4% in the 1st quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company’s stock valued at $460,000 after purchasing an additional 217 shares during the last quarter. PFG Investments LLC raised its stake in Exelon by 1.6% in the 1st quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock valued at $698,000 after purchasing an additional 218 shares during the last quarter. Texas Bank & Trust Co raised its stake in Exelon by 1.5% in the 1st quarter. Texas Bank & Trust Co now owns 15,410 shares of the company’s stock valued at $755,000 after purchasing an additional 229 shares during the last quarter. Plimoth Trust Co. LLC raised its stake in Exelon by 1.8% in the 4th quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock valued at $569,000 after purchasing an additional 230 shares during the last quarter. Finally, Westfuller Advisors LLC raised its stake in Exelon by 12.5% in the 1st quarter. Westfuller Advisors LLC now owns 2,091 shares of the company’s stock valued at $103,000 after purchasing an additional 232 shares during the last quarter. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Company Profile

(Get Free Report)

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.

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