Morgan Stanley Raises Ameren (NYSE:AEE) Value Goal to $92.00

Ameren (NYSE:AEE – Get Ranking) had its value goal upped by analysts at Morgan Stanley from $86.00 to $92.00 in a analysis word issued to buyers on Thursday, Benzinga reviews. The agency presently has an “equal weight” score on the utilities supplier’s inventory. Morgan Stanley’s value goal factors to a possible upside of three.77% from the inventory’s earlier shut.

A variety of different equities analysts additionally lately issued reviews on AEE. BMO Capital Markets upped their value goal on Ameren from $85.00 to $90.00 and gave the inventory an “outperform” score in a analysis report on Monday, November seventh. JPMorgan Chase & Co. minimize their goal value on Ameren from $111.00 to $93.00 and set an “obese” score on the inventory in a analysis report on Tuesday, October 18th. Wells Fargo & Firm upped their goal value on Ameren from $93.00 to $101.00 in a analysis report on Wednesday. Mizuho upped their goal value on Ameren from $92.00 to $98.00 and gave the corporate a “impartial” score in a analysis report on Monday, September twelfth. Lastly, StockNews.com began protection on Ameren in a analysis report on Wednesday, October twelfth. They issued a “maintain” score on the inventory. 5 equities analysis analysts have rated the inventory with a maintain score and 5 have given a purchase score to the inventory. In response to information from MarketBeat, the inventory has a mean score of “Average Purchase” and a mean value goal of $95.10.

Ameren Inventory Down 1.3 %

NYSE:AEE traded down $1.13 throughout buying and selling hours on Thursday, reaching $88.66. The corporate’s inventory had a buying and selling quantity of three,701 shares, in comparison with its common quantity of 1,364,372. The inventory has a 50 day shifting common value of $83.19 and a two-hundred day shifting common value of $87.84. The corporate has a market capitalization of $22.92 billion, a P/E ratio of twenty-two.41, a price-to-earnings-growth ratio of three.01 and a beta of 0.42. The corporate has a debt-to-equity ratio of 1.31, a fast ratio of 0.57 and a present ratio of 0.79. Ameren has a 12 month low of $73.28 and a 12 month excessive of $99.20.

Ameren (NYSE:AEE – Get Ranking) final issued its quarterly earnings outcomes on Thursday, November third. The utilities supplier reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.72 by $0.02. The enterprise had income of $2.31 billion for the quarter, in comparison with the consensus estimate of $1.89 billion. Ameren had a return on fairness of 10.33% and a internet margin of 13.90%. The enterprise’s quarterly income was up 27.3% on a year-over-year foundation. Throughout the identical interval within the prior 12 months, the agency posted $1.65 earnings per share. Equities analysts predict that Ameren will submit 4.09 EPS for the present fiscal 12 months.

Institutional Buyers Weigh In On Ameren

A number of hedge funds have lately modified their holdings of AEE. Penserra Capital Administration LLC bought a brand new stake in shares of Ameren through the 1st quarter value about $25,000. Quent Capital LLC boosted its stake in shares of Ameren by 864.5% through the 1st quarter. Quent Capital LLC now owns 299 shares of the utilities supplier’s inventory value $28,000 after buying a further 268 shares within the final quarter. CI Investments Inc. lifted its stake in Ameren by 1,006.5% within the third quarter. CI Investments Inc. now owns 343 shares of the utilities supplier’s inventory valued at $28,000 after shopping for a further 312 shares within the final quarter. Dupont Capital Administration Corp bought a brand new place in Ameren within the 2nd quarter valued at about $30,000. Lastly, Mach 1 Monetary Group LLC bought a brand new place in Ameren within the third quarter valued at about $40,000. 77.98% of the inventory is owned by hedge funds and different institutional buyers.

About Ameren

(Get Ranking)

Ameren Company, along with its subsidiaries, operates as a public utility holding firm in america. It operates by means of 4 segments: Ameren Missouri, Ameren Illinois Electrical Distribution, Ameren Illinois Pure Fuel, and Ameren Transmission. The corporate engages within the rate-regulated electrical technology, transmission, and distribution actions; and rate-regulated pure fuel distribution and transmission companies.

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