Ameren Corporation with ticker code (AEE) now have 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 97 and 89 calculating the mean target price we have $92.82. Given that the stocks previous close was at $86.05 this would indicate that there is a potential upside of 7.9%. It’s also worth noting that there is a 50 day moving average of $85.72 and the 200 moving average now moves to $87.27. The market cap for the company is $22,548m. Company Website: https://www.ameren.com
The potential market cap would be $24,321m 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 2.96% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 20.59, revenue per share of 29.65 and a 2.88% return on assets.
