Share on StockTwits

Shares of Exelon (NYSE:EXC) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 81,694,505 shares, a growth of 196.8% from the June 13th total of 27,526,534 shares, AnalystRatings.NET reports. Based on an average daily volume of 8,215,731 shares, the short-interest ratio is currently 9.9 days. Currently, 9.5% of the shares of the stock are short sold.

EXC has been the subject of a number of recent research reports. Analysts at Macquarie upgraded shares of Exelon from a “neutral” rating to an “outperform” rating in a research note on Monday. They now have a $36.00 price target on the stock, down previously from $37.00. Separately, analysts at JPMorgan Chase & Co. set a $32.00 price target on shares of Exelon in a research note on Wednesday, July 9th. They now have a “neutral” rating on the stock. Finally, analysts at Credit Suisse upgraded shares of Exelon from a “hold” rating to a “buy” rating in a research note on Tuesday, June 17th. They now have a $42.50 price target on the stock, up previously from $36.11. Five investment analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the stock. Exelon currently has an average rating of “Hold” and a consensus target price of $33.46.

Shares of Exelon (NYSE:EXC) opened at 32.23 on Tuesday. Exelon has a 1-year low of $26.45 and a 1-year high of $37.73. The stock’s 50-day moving average is $35.36 and its 200-day moving average is $32.77. The company has a market cap of $27.677 billion and a price-to-earnings ratio of 15.24.

Exelon (NYSE:EXC) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by $0.07. The company had revenue of $7.24 billion for the quarter, compared to the consensus estimate of $6.31 billion. During the same quarter in the previous year, the company posted $0.70 earnings per share. On average, analysts predict that Exelon will post $2.38 earnings per share for the current fiscal year.

Exelon Corporation (NYSE:EXC) is an energy provider and holding company for several energy businesses.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.