Ameren Corporation (AEE) : Analyst Rating Update

Ameren Corporation (AEE) has an average broker rating of 2, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

Ameren Corporation (AEE) : The consensus price target for Ameren Corporation (AEE) is $51.33 for the short term with a standard deviation of $1.15. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $52, however, the pessimist price target for the company is $50.

Ameren Corporation (NYSE:AEE): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.76 and $53.09 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.91. The buying momentum continued till the end and the stock did not give up its gains. It closed at $53.77, notching a gain of 0.02% for the day. The total traded volume was 2,390,564 . The stock had closed at $53.76 on the previous day.

Also, Major Brokerage house, Barclays maintains its ratings on Ameren Corporation (NYSE:AEE). In the latest research report, Barclays lowers the target price from $55 per share to $52 per share. According to the latest information available, the shares are now rated Overweight by the analysts at the agency. The rating by the firm was issued on May 16, 2016. The company shares have rallied 36.86% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $54.08 and the one year low was seen on Jul 23, 2015. The 50-Day Moving Average price is $50.15 and the 200 Day Moving Average price is recorded at $47.54.

Ameren Corporation (Ameren) is a utility holding company. The Company operates in two segments: Ameren Missouri and Ameren Illinois. The Companys subsidiaries include Ameren Missouri and Ameren Illinois. Ameren also has a subsidiary, ATXI that operates a FERC rate-regulated electric transmission business. Ameren Missouri operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri. It supplies electric and natural gas service to a 24,000-square-mile area in central and eastern Missouri. Ameren Illinois operates rate-regulated electric and natural gas transmission and distribution businesses in Illinois. Ameren Illinois supplies electric and natural gas utility service to portions of central and southern Illinois in an area of 40,000 square miles.

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