In a report released today, James Thalacker from BMO Capital initiated coverage with a Buy rating on Ameren (AEE) and a price target of $91.00. The company’s shares closed last Monday at $85.30, close to its 52-week high of $87.33.
Currently, the analyst consensus on Ameren is a Moderate Buy with an average price target of $85.90, a 0.4% upside from current levels. In a report issued on February 14, Wells Fargo also maintained a Buy rating on the stock with a $95.00 price target.
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The company has a one-year high of $87.33 and a one-year low of $69.80. Currently, Ameren has an average volume of 1.48M.
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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, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The Ameren Missouri segment includes all of the operations of Ameren Missouri.