Exelon Corporation (NASDAQ:EXC) Given Consensus Recommendation of “Hold” by Analysts

Shares of Exelon Corporation (NASDAQ:EXC) have received an average rating of “Hold” from the sixteen brokerages that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $49.3846.

A number of equities analysts recently weighed in on EXC shares. JPMorgan Chase & Co. lowered their price objective on shares of Exelon from $50.00 to $47.00 and set a “neutral” rating on the stock in a research report on Friday, December 12th. BTIG Research started coverage on shares of Exelon in a report on Tuesday, October 21st. They issued a “neutral” rating on the stock. Wolfe Research cut shares of Exelon from an “outperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. Jefferies Financial Group reduced their price objective on shares of Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Finally, UBS Group dropped their target price on Exelon from $49.00 to $48.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th.

Exelon Stock Up 0.6%

EXC opened at $44.33 on Monday. The business has a 50 day moving average price of $43.98 and a two-hundred day moving average price of $44.81. Exelon has a 52 week low of $40.81 and a 52 week high of $48.51. The company has a market cap of $44.79 billion, a PE ratio of 15.89, a P/E/G ratio of 2.60 and a beta of 0.45. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.66.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in EXC. Sowell Financial Services LLC grew its holdings in shares of Exelon by 1.1% in the 3rd quarter. Sowell Financial Services LLC now owns 20,499 shares of the company’s stock worth $923,000 after acquiring an additional 215 shares during the period. Manchester Capital Management LLC boosted its position in Exelon by 11.6% during the second quarter. Manchester Capital Management LLC now owns 2,164 shares of the company’s stock worth $94,000 after purchasing an additional 225 shares in the last quarter. Empirical Finance LLC grew its holdings in Exelon by 0.7% in the second quarter. Empirical Finance LLC now owns 34,812 shares of the company’s stock valued at $1,512,000 after purchasing an additional 226 shares during the last quarter. Boyd Watterson Asset Management LLC OH increased its position in shares of Exelon by 4.8% in the second quarter. Boyd Watterson Asset Management LLC OH now owns 5,030 shares of the company’s stock valued at $218,000 after buying an additional 229 shares in the last quarter. Finally, Plimoth Trust Co. LLC raised its stake in shares of Exelon by 1.8% during the 4th quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock worth $569,000 after buying an additional 230 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

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.