In a report released today, Stephen Byrd from Morgan Stanley maintained a Hold rating on Ameren Corp (AEE), with a price target of $78. The company’s shares closed last Monday at $76.27, close to its 52-week high of $77.77.
According to TipRanks.com, Byrd is a 1-star analyst with an average return of -2.0% and a 51.9% success rate. Byrd covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Consolidated Edison, Inc., and Public Service Enterprise.
Currently, the analyst consensus on Ameren Corp is a Hold with an average price target of $79.25, representing a 4.5% upside. In a report issued on August 5, SunTrust Robinson also maintained a Hold rating on the stock with a $79 price target.
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The company has a one-year high of $77.77 and a one-year low of $62.06. Currently, Ameren Corp has an average volume of 1.35M.
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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.
