Ameren (NYSE:AEE) Price Target Raised to $111.00

Ameren (NYSE:AEEFree Report) had its price objective lifted by JPMorgan Chase & Co. from $108.00 to $111.00 in a research report released on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the utilities provider’s stock.

Other research analysts have also issued reports about the stock. Mizuho lifted their price objective on Ameren from $108.00 to $114.00 and gave the stock an “outperform” rating in a report on Monday, October 27th. Argus upgraded Ameren to a “strong-buy” rating in a research report on Wednesday, December 10th. Barclays lowered their price target on Ameren from $111.00 to $104.00 and set an “equal weight” rating on the stock in a research note on Thursday. Morgan Stanley set a $103.00 price objective on Ameren in a research note on Tuesday, December 16th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ameren in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Ameren has an average rating of “Moderate Buy” and an average price target of $108.36.

Check Out Our Latest Report on Ameren

Ameren Stock Performance

Shares of AEE stock opened at $104.11 on Thursday. The company has a current ratio of 0.93, a quick ratio of 0.64 and a debt-to-equity ratio of 1.49. Ameren has a 12-month low of $91.77 and a 12-month high of $106.73. The business’s 50 day moving average is $101.49 and its two-hundred day moving average is $101.15. The company has a market capitalization of $28.16 billion, a P/E ratio of 20.02, a P/E/G ratio of 2.28 and a beta of 0.58.

Ameren (NYSE:AEEGet Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.10 by $0.07. Ameren had a return on equity of 10.92% and a net margin of 15.75%.The business had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.64 billion. During the same period in the previous year, the business earned $1.87 earnings per share. The business’s revenue was up 24.2% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. Analysts expect that Ameren will post 4.93 EPS for the current fiscal year.

Insider Activity at Ameren

In other news, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $101.44, for a total transaction of $659,360.00. Following the transaction, the chief financial officer owned 198,973 shares of the company’s stock, valued at approximately $20,183,821.12. The trade was a 3.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.42% of the stock is currently owned by corporate insiders.

Institutional Trading of Ameren

A number of hedge funds and other institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC raised its position in Ameren by 22.9% in the first quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock valued at $811,000 after purchasing an additional 1,503 shares during the period. Empowered Funds LLC grew its stake in shares of Ameren by 19.8% in the first quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock valued at $628,000 after buying an additional 1,034 shares in the last quarter. Woodline Partners LP raised its holdings in shares of Ameren by 42.2% in the 1st quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock valued at $2,289,000 after buying an additional 6,772 shares during the period. Czech National Bank lifted its stake in Ameren by 6.6% during the 2nd quarter. Czech National Bank now owns 66,065 shares of the utilities provider’s stock worth $6,345,000 after acquiring an additional 4,074 shares in the last quarter. Finally, Wedmont Private Capital purchased a new position in Ameren during the 2nd quarter valued at about $245,000. 79.09% of the stock is owned by institutional investors and hedge funds.

Ameren Company Profile

(Get Free Report)

Ameren Corporation (NYSE: AEE) is an integrated energy company headquartered in St. Louis, Missouri, that provides electric and natural gas delivery and related services in portions of Missouri and Illinois. The company operates regulated utility businesses that serve a broad mix of residential, commercial and industrial customers, and it participates in wholesale energy markets and transmission operations that support reliable service across its service territories.

Ameren’s core activities include generation, transmission and distribution of electricity, distribution of natural gas, and the provision of customer energy solutions such as demand-side management and energy efficiency programs.

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Analyst Recommendations for Ameren (NYSE:AEE)

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