Today analysts at UBS Securities reiterated Ameren’s (NYSE:AEE) shares as ‘Neutral’ in a report released to investors.
According to UBS Securitiess price target of 48 on the company’s stock this indicates the broker now believes there is a decrease of -1.4% from Ameren’s current price of 48.68.
In the last year Ameren’s stock price has increased by 13.95% from 42.72 to 48.68.
The number of Ameren shares in issue is 242,634,000 which have a current share price of 48.68 bringing Ameren’s market capitalisation to 11.81B USD.
The 52 week high of shares in Ameren is 54.08 while the 52 week low for the company’s shares is 41.33. The businesses 50 day moving average is 49.1 and its 200 day moving average is 49.9.
Ameren Corporation (Ameren) is a public utility holding company. Ameren’s primary assets are its equity interests in its subsidiaries, including Union Electric Company (doing business as Ameren Missouri) and Ameren Illinois Company (Ameren Illinois). Ameren operates through two segments: Ameren Missouri and Ameren Illinois. Ameren Missouri and Ameren Illinois each have one segment. The Ameren Missouri segment for both Ameren and Ameren Missouri includes all the operations of Ameren Missouri. The Ameren Illinois segment for both Ameren and Ameren Illinois consists of all of the operations of Ameren Illinois. Ameren’s subsidiaries are separate, independent legal entities with separate businesses, assets, and liabilities. Ameren Missouri operates an electric generation, transmission, and distribution business and a natural gas transmission and distribution business in Missouri. Ameren Illinois operates an electric and natural gas transmission and distribution businesses in Illinois.