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 is a utility holding company. The Company’s subsidiaries include Ameren Missouri, Ameren Illinois and Ameren Transmission Company (ATXI). It operates through four segments. The Ameren Missouri segment includes all of the operations of Ameren Missouri. The Ameren Illinois Electric Distribution segment consists of the electric distribution business of Ameren Illinois. The Ameren Illinois Natural Gas segment consists of the natural gas business of Ameren Illinois. The ATXI segment consists of the aggregated electric transmission businesses of Ameren Illinois and ATXI. Ameren Missouri operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas distribution business in Missouri. Ameren Illinois operates rate-regulated electric distribution, electric transmission and natural gas distribution businesses in Illinois. ATXI operates a Federal Energy Regulatory Commission rate-regulated electric transmission business.