Ameren (NYSE:AEE) Price Target Cut to $107.00 by Analysts at Royal Bank Of Canada

Key Points

• Royal Bank of Canada cut Ameren’s price target from $114 to $107 while maintaining a “sector perform” rating, implying approximately 8.36% upside from the stock’s $98.75 price.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $120.17; however, targets and ratings vary, including recent downgrades from Morgan Stanley and Wall Street Zen.
• Ameren exceeded quarterly EPS expectations, reporting $1.13 versus the $1.08 consensus, but revenue fell 5.8% year over year to $2.09 billion and missed estimates.

Ameren (NYSE:AEE - Get Free Report) had its price target decreased by equities research analysts at Royal Bank Of Canada from $114.00 to $107.00 in a report released on Friday, Benzinga reports. The firm currently has a "sector perform" rating on the utilities provider's stock. Royal Bank Of Canada's target price points to a potential upside of 8.36% from the stock's current price.

A number of other research analysts have also weighed in on the company. JPMorgan Chase & Co. lifted their target price on Ameren from $126.00 to $137.00 and gave the company an "overweight" rating in a report on Thursday, July 16th. Truist Financial cut their target price on shares of Ameren from $124.00 to $120.00 and set a "buy" rating for the company in a research report on Monday, August 17th. Wall Street Zen cut Ameren from a "hold" rating to a "sell" rating in a report on Saturday, August 8th. Weiss Ratings restated a "buy (b)" rating on shares of Ameren in a research report on Friday, August 7th. Finally, Morgan Stanley decreased their price target on shares of Ameren from $114.00 to $108.00 and set an "equal weight" rating on the stock in a research note on Friday, September 18th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $120.17.

Ameren Stock Down 0.5%

Shares of NYSE:AEE opened at $98.75 on Friday. Ameren has a 12-month low of $96.57 and a 12-month high of $118.32. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38. The business's 50 day moving average is $107.38 and its 200 day moving average is $109.47. The stock has a market cap of $27.34 billion, a price-to-earnings ratio of 17.44, a PEG ratio of 2.97 and a beta of 0.46.

Ameren (NYSE:AEE - Get Free Report) last released its earnings results on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, topping analysts' consensus estimates of $1.08 by $0.05. The company had revenue of $2.09 billion for the quarter, compared to analysts' expectations of $2.27 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The business's revenue for the quarter was down 5.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.01 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, sell-side analysts forecast that Ameren will post 5.4 earnings per share for the current fiscal year.

Insider Transactions at Ameren

In other Ameren news, insider Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $108.96, for a total value of $708,240.00. Following the completion of the sale, the insider owned 199,689 shares of the company's stock, valued at approximately $21,758,113.44. This trade represents a 3.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa A. Shaw sold 325 shares of the company's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $108.93, for a total transaction of $35,402.25. Following the sale, the senior vice president directly owned 32,340 shares of the company's stock, valued at $3,522,796.20. The trade was a 0.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 7,073 shares of company stock valued at $769,814 in the last ninety days. 0.29% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Ameren

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Keating Financial Advisory Services Inc. purchased a new stake in Ameren in the 2nd quarter valued at about $27,000. Continuum Advisory LLC bought a new stake in Ameren during the 2nd quarter valued at $30,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Ameren by 74.9% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider's stock worth $33,000 after buying an additional 125 shares during the period. Aberdeen Wealth Management LLC bought a new position in shares of Ameren during the 2nd quarter worth $35,000. Finally, Ascentis Independent Advisors bought a new position in shares of Ameren during the 1st quarter worth $36,000. Hedge funds and other institutional investors own 79.09% of the company's stock.

Ameren Company Profile

Ameren Corporation NYSE: AEE is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren provides energy generation, transmission, distribution and related services to customers in Missouri and Illinois.

Ameren Missouri operates an integrated electric utility serving communities across Missouri and also provides natural gas distribution services in parts of the state. Ameren Illinois operates electric and natural gas distribution businesses serving customers throughout much of Illinois.

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