Ameren Corporation which can be found using ticker (AEE) now have 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 101 and 84 calculating the mean target price we have $93.30. Now with the previous closing price of $90.10 this would imply there is now a potential upside of 3.6%. It’s also worth noting that there is a 50 day moving average of $85.28 and the 200 moving average now moves to $87.13. The market cap for the company is $23,481m. Company Website: https://www.ameren.com
The potential market cap would be $24,315m based on the market consensus.
Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses. In addition, the company generates electricity through coal, nuclear, and natural gas, as well as renewable sources, such as hydroelectric, wind, methane gas, and solar. It serves residential, commercial, and industrial customers. The company was founded in 1881 and is headquartered in St. Louis, Missouri.
The company has a dividend yield of 2.82% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 21.61, revenue per share of 29.65 and a 2.88% return on assets.
