Ameren Price Target Increased to $34.00 by Analysts at Cantor Fitzgerald (AEE)
AEE has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a neutral rating on shares of Ameren in a research note to investors on Thursday, February 21st. They now have a $35.00 price target on the stock. Separately, analysts at UBS AG raised their price target on shares of Ameren from $33.00 to $34.00 in a research note to investors on Thursday, February 21st. They now have a neutral rating on the stock. Finally, analysts at Wunderlich reiterated a hold rating on shares of Ameren in a research note to investors on Thursday, February 21st. They now have a $31.00 price target on the stock.
Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of $34.00.
Shares of Ameren (NYSE: AEE) traded up 0.10% during mid-day trading on Friday, hitting $34.185. Ameren has a 52 week low of $28.43 and a 52 week high of $35.30. The stock’s 50-day moving average is currently $33.33. The company’s market cap is $8.294 billion.
The company also recently announced a quarterly dividend, which is scheduled for Friday, March 29th. Shareholders of record on Wednesday, March 13th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 4.72%. The ex-dividend date is Monday, March 11th.
Ameren Corporation (NYSE: AEE) is a holding company. Its subsidiaries include Union Electric Company (UE), Illinois Power Company (IP), Central Illinois Public Service Company (CIPS), Ameren Energy Generating Company (Genco), Ameren Illinois Transmission Company (AITC) and CILCORP Inc.
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