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Enter Symbol:
 
Ameren Corporation (AEE) [hlAlert]

Rating:
Hold AEE

Ameren Corporation (AEE) downgraded to Hold by Argus

Posted on: Friday,  Jul 17, 2009  8:25 AM ET by Argus

Argus rated Hold Ameren Corporation (NYSE: AEE) on 07/17/2009. Previously Argus rated Buy Ameren Corporation
(NYSE: AEE) on 02/19/2009., when the stock price was $26.59. Since then, Ameren Corporation has lost 7.45% of its value until Argus rated AEE Buy on 07/17/2009, when the price was $24.61. .

Ameren Corporation (Ameren) is a holding company. Ameren?s subsidiaries include Union Electric Company (UE), Central Illinois Public Service Company (CIPS), Ameren Energy Generating Company (Genco), CILCORP Inc. (CILCORP) and Illinois Power Company (IP). These subsidiaries operate rate-regulated electric generation, transmission and distribution businesses, rate-regulated natural gas transmission and distribution businesses, and non-rate-regulated electric generation businesses in Missouri and Illinois. Ameren has three segments: Missouri Regulated, Illinois Regulated and Non-rate-regulated Generation. On February 29, 2008, UE?s 40% ownership interest and Development Company?s 40% ownership interest in Electric Energy, Inc. (EEI) were transferred to this Resources Company.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/24/2015 1:25 PM Buy
None
41.70 49.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD down  -7.44 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/17/2009 8:25 AM Hold
None
24.61
2/19/2009 8:25 AM Buy
None
26.59 33.00

(*) Stock Price at the time of the recommendation.
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