UBS Maintains a 'Neutral' on Ameren Corp. (AEE); Raising Estimates

August 3, 2012 12:18 PM EDT Send to a Friend
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Price: $36.28 +1.00%

Rating Summary:
    1 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 35 | New: 23
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UBS maintains a 'Neutral' on Ameren Corp. (NYSE: AEE) price target of $33.00 (from $32.00).

Analyst, Julien Dumoulin-Smith, said, "We are raising our ’12-’15 EPS estimates to $2.30/$1.92/$1.89/$1.95 from $2.29/$1.76/$1.76/$1.85; our higher ’12 estimate is due to favorable weather and a FERC ruling against ETR; later years are higher due to improved MtM fwd power prices and lower coal hedge prices (added PRB at ~$8/ton in 2Q for ’13 delivery)."

For an analyst ratings summary and ratings history on Ameren Corp. click here. For more ratings news on Ameren Corp. click here.

Shares of Ameren Corp. closed at $33.67 yesterday, with a 52 week range of $25.55-$34.84.


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