RBC Capital analyst Stephen D’Ambrisi maintained a Hold rating on Ameren yesterday and set a price target of $114.00.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
D’Ambrisi covers the Utilities sector, focusing on stocks such as Dominion Energy, Entergy, and Exelon. According to TipRanks, D’Ambrisi has an average return of 10.6% and a 100.00% success rate on recommended stocks.
In addition to RBC Capital, Ameren also received a Hold from Morgan Stanley’s David Arcaro in a report issued yesterday. However, on July 16, J.P. Morgan assigned a Buy rating to Ameren (NYSE: AEE).
Based on Ameren’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.18 billion and a net profit of $357 million. In comparison, last year the company earned a revenue of $2.1 billion and had a net profit of $289 million
