Fintel reports that on September 19, 2024, Jefferies initiated coverage of Exelon (NasdaqGS:EXC) with a Buy recommendation.
Analyst Price Forecast Suggests 7.49% Upside
As of August 26, 2024, the average one-year price target for Exelon is $42.23/share. The forecasts range from a low of $38.38 to a high of $47.25. The average price target represents an increase of 7.49% from its latest reported closing price of $39.29 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Exelon is 20,032MM, a decrease of 11.95%. The projected annual non-GAAP EPS is 2.54.
What is the Fund Sentiment?
There are 1,835 funds or institutions reporting positions in Exelon. This is an decrease of 32 owner(s) or 1.71% in the last quarter. Average portfolio weight of all funds dedicated to EXC is 0.27%, an increase of 5.21%. Total shares owned by institutions increased in the last three months by 2.78% to 943,955K shares. 
The put/call ratio of EXC is 0.74, indicating a bullish outlook.
What are Other Shareholders Doing?
Wellington Management Group Llp holds 82,066K shares representing 8.20% ownership of the company. In its prior filing, the firm reported owning 92,713K shares , representing a decrease of 12.97%. The firm decreased its portfolio allocation in EXC by 88.42% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 31,589K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 31,280K shares , representing an increase of 0.98%. The firm decreased its portfolio allocation in EXC by 9.53% over the last quarter.
T. Rowe Price Investment Management holds 27,567K shares representing 2.76% ownership of the company. In its prior filing, the firm reported owning 26,552K shares , representing an increase of 3.68%. The firm decreased its portfolio allocation in EXC by 1.34% over the last quarter.
Lazard Asset Management holds 25,778K shares representing 2.58% ownership of the company. In its prior filing, the firm reported owning 31,480K shares , representing a decrease of 22.12%. The firm decreased its portfolio allocation in EXC by 22.16% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 25,667K shares representing 2.57% ownership of the company. In its prior filing, the firm reported owning 25,086K shares , representing an increase of 2.26%. The firm decreased its portfolio allocation in EXC by 10.78% over the last quarter.
Exelon Background Information
(This description is provided by the company.)
Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois and incorporated in Pennsylvania. It generates revenues of approximately $33.5 billion and employs approximately 33,400 people.
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