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Equities researchers at SunTrust upped their target price on shares of Exelon (NYSE:EXC) from $33.00 to $34.00 in a research report issued on Tuesday. SunTrust’s target price indicates a potential upside of 3.56% from the stock’s previous close.

Shares of Exelon (NYSE:EXC) traded down 0.40% during mid-day trading on Tuesday, hitting $32.70. 597,714 shares of the company’s stock traded hands. Exelon has a 52-week low of $26.45 and a 52-week high of $37.73. The stock’s 50-day moving average is $32.20 and its 200-day moving average is $33.48. The company has a market cap of $28.096 billion and a P/E ratio of 15.36.

Exelon (NYSE:EXC) last announced its earnings results on Thursday, July 31st. The company reported $0.51 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.51. The company had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the prior year, the company posted $0.53 earnings per share. The company’s quarterly revenue was down 1.9% on a year-over-year basis. On average, analysts predict that Exelon will post $2.38 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 10th. Shareholders of record on Friday, August 15th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend is Wednesday, August 13th.

Other equities research analysts have also recently issued reports about the stock. Analysts at Tigress Financial initiated coverage on shares of Exelon in a research note on Friday, August 8th. They set a “neutral” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Exelon in a research note on Friday, August 1st. They now have a $33.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Exelon in a research note on Friday, August 1st. They now have a $36.00 price target on the stock. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $32.35.

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

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