Argus Research Reaffirms Their Buy Rating on Ameren (AEE)

In a report released yesterday, Marie Ferguson from Argus Research maintained a Buy rating on Ameren. The company’s shares closed yesterday at $98.34.

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Ferguson covers the Utilities sector, focusing on stocks such as Atmos Energy, Ameren, and Exelon. According to TipRanks, Ferguson has an average return of 3.8% and a 51.90% success rate on recommended stocks.

In addition to Argus Research, Ameren also received a Buy from TR | OpenAI – 4o’s Wattson Jouly in a report issued on December 7. However, yesterday, TR | OpenAI – 4o downgraded Ameren (NYSE: AEE) to a Hold.

Based on Ameren’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.7 billion and a net profit of $640 million. In comparison, last year the company earned a revenue of $2.17 billion and had a net profit of $456 million

Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AEE in relation to earlier this year. Last month, Theresa A Shaw, the SVP, Finance and CAO of AEE sold 325.00 shares for a total of $34,050.25.