Analyst Rating Update on Ameren Corporation (AEE)

Ameren Corporation (NYSE: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 (NYSE:AEE) : The consensus price target for Ameren Corporation (NYSE: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.

For the current week, the company shares have a recommendation consensus of Buy. Also, In a research note released to the investors, Barclays maintains its rating on Ameren Corporation (NYSE:AEE).The analysts at the brokerage house have a current rating of Overweight on the shares. In a recent information released to the investors, Barclays lowers the new price target from $55 per share to $52 per share. The rating by the firm was issued on May 16, 2016.

Ameren Corporation (NYSE:AEE): On Tuesdays trading session , Opening price of the stock was $52.59 with an intraday high of $52.59. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $51.81. However, the stock managed to close at $52.28, a loss of 0.06% for the day. On the previous day, the stock had closed at $52.31. The total traded volume of the day was 1,874,959 shares.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.