Research analysts at Citigroup initiated coverage on shares of Exelon (NASDAQ:EXC – Get Free Report) in a research report issued on Thursday. The firm set a “buy” rating and a $58.00 price target on the stock. Citigroup’s price objective would indicate a potential upside of 21.67% from the company’s previous close.
EXC has been the subject of a number of other reports. BMO Capital Markets raised their target price on Exelon from $49.00 to $51.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Royal Bank Of Canada initiated coverage on shares of Exelon in a research report on Wednesday, January 7th. They issued a “sector perform” rating and a $51.00 price target on the stock. Wells Fargo & Company increased their target price on Exelon from $51.00 to $53.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. UBS Group lifted their price target on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Finally, Wall Street Zen upgraded Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Nine research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $51.40.
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Exelon Stock Performance
Exelon (NASDAQ:EXC – Get Free Report) last released its earnings results on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. During the same period in the previous year, the business earned $0.64 EPS. The company’s quarterly revenue was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, research analysts predict that Exelon will post 2.64 EPS for the current year.
Institutional Trading of Exelon
A number of large investors have recently modified their holdings of EXC. Motiv8 Investments LLC purchased a new stake in Exelon in the fourth quarter valued at approximately $25,000. LRI Investments LLC grew its stake in Exelon by 210.8% in the 3rd quarter. LRI Investments LLC now owns 578 shares of the company’s stock worth $26,000 after buying an additional 392 shares in the last quarter. Optima Capital LLC bought a new position in shares of Exelon in the 4th quarter worth $25,000. SHP Wealth Management bought a new stake in shares of Exelon during the 4th quarter worth $26,000. Finally, Beacon Financial Strategies CORP bought a new stake in shares of Exelon during the 4th quarter worth $26,000. Institutional investors own 80.92% of the company’s stock.
About Exelon
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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