KD Logo

Barclays downgrades Ameren Corp (AEE) stock to an Equal weight

Ameren Corp’s recently made public that its Sr Executive VP & CFO MOEHN MICHAEL L unloaded Company’s shares for reported $0.6 million on Nov 20 ’24. In the deal valued at $92.15 per share,6,500 shares were sold. As a result of this transaction, MOEHN MICHAEL L now holds 205,171 shares worth roughly $20.14 million.

Then, MOEHN MICHAEL L bought 6,500 shares, generating $598,975 in total proceeds.

Before that, Nwamu Chonda J sold 1,610 shares. Ameren Corp shares valued at $131,923 were divested by the EVP, GC & Secretary at a price of $81.94 per share. As a result of the transaction, Nwamu Chonda J now holds 44,432 shares, worth roughly $4.36 million.

Barclays downgraded its Ameren Corp [AEE] rating to an Equal weight from a an Overweight in a research note published on January 27, 2025; the price target was increased to $95 from $88. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in late January from “an In-line” to “an Outperform”. Jefferies began covering AEE with “Buy” recommendation on September 20, 2024. Mizuho revised its rating on September 16, 2024. It rated AEE as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of AEE

On Tuesday, Ameren Corp [NYSE:AEE] saw its stock jump 1.01% to $98.18. Over the last five days, the stock has gained 2.82%. Ameren Corp shares have risen nearly 10.14% since the year began. Nevertheless, the stocks have risen 44.55% over the past one year. While a 52-week high of $97.99 was reached on 02/11/25, a 52-week low of $67.03 was recorded on 01/06/25. SMA at 50 days reached $91.90, while 200 days put it at $83.19.

Levels Of Support And Resistance For AEE Stock

The 24-hour chart illustrates a support level at 97.04, which if violated will result in even more drops to 95.89. On the upside, there is a resistance level at 98.79. A further resistance level may holdings at 99.39. The Relative Strength Index (RSI) on the 14-day chart is 69.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.26, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.10%. Stochastics %K at 93.64% indicates the stock is a selling.

How much short interest is there in Ameren Corp?

A steep rise in short interest was recorded in Ameren Corp stocks on 2025-01-31, dropping by -0.52 million shares to a total of 3.72 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 4.25 million shares. There was a decline of -14.02%, which implies that there is a negative sentiment for the stock.

Most Popular