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Barclays disclosed Ameren (NYSE:AEE), bumping down its price target to $58.00 earlier today

Stating a potential upside of 0.03%, Barclays dropped the target price of Ameren (NYSE:AEE) to $58.00

Just yesterday Ameren (NYSE:AEE) traded -0.26% lower at $56.14. Ameren’s 50-day moving average is $59.56 and its 200-day moving average is $57.10. The last stock price is down 7.81% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 150,678 shares of AEE traded hands, down from an average trading volume of 1,320,130

Recent Performance Chart

Ameren (NYSE:AEE)

Ameren has 52 week low of $46.97 and a 52 week high of $61.76 with a PE ratio of 21.55 and has a market capitalization of $0.

In addition to Barclays reporting its stock price target, a total of 7 brokerages have issued a ratings update on the company. The average stock price target is $49.43 with 3 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 7 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Ameren (NYSE:AEE)

Ameren Corporation is a utility holding company. The Company's subsidiaries include Ameren Missouri, Ameren Illinois and Ameren Transmission Company (ATXI). It operates through four segments. The Ameren Missouri segment includes all of the operations of Ameren Missouri. The Ameren Illinois Electric Distribution segment consists of the electric distribution business of Ameren Illinois. The Ameren Illinois Natural Gas segment consists of the natural gas business of Ameren Illinois. The ATXI segment consists of the aggregated electric transmission businesses of Ameren Illinois and ATXI. Ameren Missouri operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas distribution business in Missouri. Ameren Illinois operates rate-regulated electric distribution, electric transmission and natural gas distribution businesses in Illinois. ATXI operates a Federal Energy Regulatory Commission rate-regulated electric transmission business.

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