Ameren Corporation

πŸ‡ΊπŸ‡ΈNew York Stock Exchange
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Bullish +75

Ameren (AEE) Gets a Buy from BMO Capital

πŸ“ˆ BMO Capital analyst James Thalacker maintained a Buy rating on Ameren (AEE) with a price target set at $122.00.

πŸ’Ό Thalacker is a 5-star analyst covering the Utilities sector with a historical success rate of 71.87%.

🀝 Wells Fargo also issued a Buy rating for Ameren recently, raising their price target from $113 to $120.

βš–οΈ Morgan Stanley maintained a Hold rating on the stock while lowering their price target from $119 to $117.

πŸ’° Barclays raised their price target for Ameren from $104 to $116 in a concurrent analysis.

πŸ“Š The company reported Q4 revenue of $1.78 billion and net profit of $252 million following the last earnings release.

⬇️ Revenue decreased year-over-year to $1.78 billion compared to $1.94 billion earned in the same period last year.

πŸ“ˆ Net profit increased to $252 million from $207 million reported during the same timeframe previously.

⚠️ Corporate insider sentiment is currently negative based on activity involving 65 tracked insiders over the past quarter.

πŸ’Έ SVP Finance Ryan J Martin sold 1,300 shares worth approximately $147,303 last month, adding to recent insider selling trends.

πŸ”’ The article notes that it contains third-party press releases and has not been reviewed or approved by the publishing site.

Bullish Signals
  • BMO Capital maintained a Buy rating on Ameren (AEE) with an attractive price target of $122.00.
  • Wells Fargo upgraded its price target for AEE to $120 from $113, indicating bullish sentiment.
  • Barclays raised their price target for Ameren to $116 from $104, reflecting upside potential.
  • Ameren reported quarterly revenue of $1.78 billion and net profit of $252 million for the quarter ending December 31.
  • The company successfully grew its net profit from $207 million last year to $252 million in the most recent quarter.
Risk Factors
  • Corporate insider sentiment is negative on Ameren (AEE), with a recent increase in insider selling of shares over the past quarter.
  • Specifically, Ryan J Martin, SVP Finance of AEE, sold 1,300 shares for $147,303 last month, signaling internal lack of confidence.
  • While Wells Fargo raised its price target to $120 and Barclays to $116, Morgan Stanley maintained a Hold rating and lowered its price target from $119 to $117.
  • Ameren's most recent quarterly revenue declined from $1.94 billion last year to $1.78 billion in the quarter ending December 31.
Full Analysis
BMO Capital analyst James Thalacker maintained a Buy rating on Ameren Corp. (AEE) with a price target of $122.00 following the company's latest earnings release for the quarter ending December 31, which reported quarterly revenue of $1.78 billion and a net profit of $252 million. Although revenue decreased year-over-year from $1.94 billion, the net profit increased from $207 million last year. Additionally, Ameren received Buy ratings from Wells Fargo, with Shahriar Pourreza raising the price target to $120, and Barclays, which raised its target to $116, though Morgan Stanley maintained a Hold rating and lowered its price target to $117. Despite these positive analyst sentiments, corporate insider sentiment is currently negative due to increased selling activity among 65 insiders over the past quarter, highlighted by Ryan J Martin, SVP of Finance, who sold 1,300 shares for $147,303 last month. The stock's mixed outlook reflects strong profit growth and supportive analyst coverage offset by significant insider selling pressure.