Ameren (AEE) Gets a Buy from BMO Capital
π BMO Capital analyst James Thalacker maintained a Buy rating on Ameren (AEE) with a price target set at $122.00.
πΌ Thalacker is a 5-star analyst covering the Utilities sector with a historical success rate of 71.87%.
π€ Wells Fargo also issued a Buy rating for Ameren recently, raising their price target from $113 to $120.
βοΈ Morgan Stanley maintained a Hold rating on the stock while lowering their price target from $119 to $117.
π° Barclays raised their price target for Ameren from $104 to $116 in a concurrent analysis.
π The company reported Q4 revenue of $1.78 billion and net profit of $252 million following the last earnings release.
β¬οΈ Revenue decreased year-over-year to $1.78 billion compared to $1.94 billion earned in the same period last year.
π Net profit increased to $252 million from $207 million reported during the same timeframe previously.
β οΈ Corporate insider sentiment is currently negative based on activity involving 65 tracked insiders over the past quarter.
πΈ SVP Finance Ryan J Martin sold 1,300 shares worth approximately $147,303 last month, adding to recent insider selling trends.
π The article notes that it contains third-party press releases and has not been reviewed or approved by the publishing site.
- 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.
- 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.