Morgan Stanley Reaffirms Their Hold Rating on Ameren Corp


In a report released today, Stephen Byrd from Morgan Stanley maintained a Hold rating on Ameren Corp (NYSE: AEE), with a price target of $57. The company’s shares closed yesterday at $56.06.

According to TipRanks.com, Byrd is a 1-star analyst with an average return of -1.1% and a 49.4% success rate. Byrd covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, American Electric Power, and Eversource Energy.

Ameren Corp has an analyst consensus of Moderate Buy, with a price target consensus of $62.75.

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Ameren Corp’s market cap is currently $13.66B and has a P/E ratio of 23.77. The company has a Price to Book ratio of 1.89.

Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock.

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Ameren Corp. operates as a public utility holding company that provides electric and natural gas services. It operates through the following business segments: Ameren Missouri and Ameren Illinois.

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