Ameren Corp Gets a Sell Rating from Morgan Stanley

By Ryan Adsit

Morgan Stanley analyst Stephen Byrd maintained a Sell rating on Ameren Corp (NYSE: AEE) today and set a price target of $57. The company’s shares closed on Friday at $55.51.

According to TipRanks.com, Byrd is a 1-star analyst with an average return of -0.3% and a 55.3% success rate. Byrd covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, American Electric Power, and Eversource Energy.

Ameren Corp has an analyst consensus of Moderate Buy, with a price target consensus of $62.

The company has a one-year high of $64.89 and a one-year low of $51.89. Currently, Ameren Corp has an average volume of 1.85M.

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Ameren Corp. operates as a public utility holding company that provides electric and natural gas services. It operates through the following business segments: Ameren Missouri and Ameren Illinois.