Ameren Corp (NYSE:AEE) Stock Gets Upgraded

Boston, MA – (NYSEPOST) - 02/25/2014 – Ameren Corp (NYSE:AEE) announced its earnings-results on recently. It reported $0.19 Earnings per Share for the quarter that topped the average analyst estimates of $0.12 by $0.07. Ameren Corp (NYSE:AEE) had revenue of $1.32B for the quarter, in comparison to the average estimate of $1.34B. In the same quarter in the previous year, Ameren Corp (NYSE:AEE) posted EPS of $0.14. Ameren Corp (NYSE:AEE) updated its FY2014 guidance to EPS $2.25-2.35.

Recently, Ameren Corp (NYSE:AEE) also declared a quarterly-dividend, which is scheduled for 31 March. Shareholders who are of record on 12 March will be given a dividend of $0.40 /share. This represents dividend of $1.60 on an annualized-basis and the yield of 3.91%. The ex- dividend date of the dividend is 10 March. Recently, numerous analysts have commented on the Ameren Corp (NYSE:AEE) stock.

Wells Fargo & Co. analysts upgraded Ameren Corp (NYSE:AEE) shares from a “market perform” to an “outperform” rating in the research note to investors on Monday, January 6th.

Barclays analysts axed their price target on Ameren Corp (NYSE:AEE) shares Ameren Corp (NYSE:AEE) from $41.00 to $39.00 in the research note on 11 December. And they currently have set an “overweight” rating on the company stock. One equities research-analyst has rated the Ameren Corp (NYSE:AEE) stock with a “sell” rating, 4 have assigned a “hold” rating and 4 have assigned a” buy “rating to the stock. Currently, the Ameren Corp (NYSE:AEE) stock presently has an average rating of a “Hold” and the consensus PT is $37.43.

Ameren Corp (NYSE:AEE) is a utility-holding company. Its main subsidiaries are the Union Electric Company & the Ameren Illinois Company. Its segments include Ameren Missouri & Ameren Illinois. Ameren Missouri operates the rate-regulated electric-generation, transmission & distribution business, & a rate-regulated natural gas transmission & distribution business located in Missouri.

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