Ameren (NYSE:AEE) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Ameren (NYSE:AEEGet Free Report) had its price target increased by investment analysts at JPMorgan Chase & Co. from $108.00 to $111.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the utilities provider’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 6.62% from the company’s current price.

Other research analysts have also issued reports about the stock. Royal Bank Of Canada raised shares of Ameren to a “hold” rating in a research note on Tuesday, October 28th. Barclays reduced their price objective on Ameren from $111.00 to $104.00 and set an “equal weight” rating for the company in a research report on Thursday. Mizuho lifted their target price on Ameren from $108.00 to $114.00 and gave the company an “outperform” rating in a research note on Monday, October 27th. Morgan Stanley set a $103.00 price target on Ameren in a research report on Tuesday, December 16th. Finally, Wells Fargo & Company assumed coverage on Ameren in a report on Monday, October 27th. They set an “overweight” rating and a $112.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $108.36.

View Our Latest Stock Report on Ameren

Ameren Stock Performance

Shares of AEE opened at $104.11 on Thursday. The stock has a market capitalization of $28.16 billion, a PE ratio of 20.02, a price-to-earnings-growth ratio of 2.26 and a beta of 0.58. The business’s fifty day moving average price is $101.49 and its 200 day moving average price is $101.12. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.93 and a quick ratio of 0.64. Ameren has a 12-month low of $91.77 and a 12-month high of $106.73.

Ameren (NYSE:AEEGet Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.10 by $0.07. Ameren had a net margin of 15.75% and a return on equity of 10.92%. The company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same period last year, the firm posted $1.87 EPS. The company’s revenue for the quarter was up 24.2% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. Equities research analysts forecast that Ameren will post 4.93 EPS for the current year.

Insider Buying and Selling at Ameren

In other news, CFO Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $101.44, for a total value of $659,360.00. Following the completion of the sale, the chief financial officer owned 198,973 shares in the company, valued at $20,183,821.12. This represents a 3.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.42% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ameren

A number of hedge funds and other institutional investors have recently modified their holdings of AEE. NewSquare Capital LLC raised its holdings in Ameren by 70.9% during the 2nd quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock worth $25,000 after buying an additional 107 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in shares of Ameren by 285.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 197 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Ameren in the 3rd quarter worth approximately $29,000. Osterweis Capital Management Inc. grew its position in Ameren by 6,040.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 302 shares in the last quarter. Finally, Addison Advisors LLC raised its stake in Ameren by 728.9% during the 2nd quarter. Addison Advisors LLC now owns 315 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 277 shares during the period. Institutional investors and hedge funds own 79.09% of the company’s stock.

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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