Morgan Stanley Sticks to Their Hold Rating for Ameren Corp (AEE)


Morgan Stanley analyst Stephen Byrd maintained a Hold rating on Ameren Corp (AEE) today and set a price target of $82.00. The company’s shares closed last Monday at $79.56, close to its 52-week high of $79.79.

According to TipRanks.com, Byrd is a 1-star analyst with an average return of -1.4% and a 52.7% 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 Moderate Buy with an average price target of $81.80.

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Ameren Corp’s market cap is currently $19.56B and has a P/E ratio of 24.67. The company has a Price to Book ratio of 2.51.

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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.

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