{
  "id": 15752451,
  "title": "BMO Capital cuts Ameren stock price target on valuation to $113",
  "url": "https://urgent.news/2026/10/20/bmo-capital-cuts-ameren-stock-price-target-on-valuation-to-113",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-20T14:08:51.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/bmo-capital-cuts-ameren-stock-price-target-on-valuation-to-113-93CH-4960480"
  },
  "original_language": "en",
  "account": "BMO Capital has reduced its price target for Ameren Corp. (NYSE:AEE) stock from $119 to $113, while keeping an Outperform rating. The company's shares are currently trading at $105.87. BMO Capital believes the stock may be overvalued compared to its estimated Fair Value. Their EPS estimate for the third quarter of 2026 is $2.31, which matches the consensus of $2.29 from FactSet and Bloomberg. This represents a 6.5% year-over-year increase, driven by favorable weather conditions. Ameren management is expected to raise its long-term EPS compound annual growth rate to 7-9%, with guidance of $5.70 to $5.90 per share for 2027, marking an 8.4% increase from the midpoint to midpoint. The stock trades at a low P/E ratio of 18.35, with a PEG ratio of 0.75. Ameren has raised its dividend for 13 consecutive years, offering a yield of 2.88%. The company's capital plan, valued at $38.5 billion to $40 billion, aims for an approximately 11.6% CAGR in rate base from 2026 to 2031. Ameren's pipeline of Missouri projects with completed interconnection studies could bolster the sustainability of this plan. Additionally, Ameren recently sold $900 million of junior subordinated notes due in 2057, raising net proceeds of $891 million before expenses. Ameren Corporation also updated its long-term earnings per share growth outlook to 6-8% during its third-quarter call, following a strong second-quarter performance where adjusted earnings per share reached $1.13, surpassing consensus estimates.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "BMO cuts Xcel Energy stock price target on valuation review",
        "url": "https://urgent.news/2026/10/20/bmo-cuts-xcel-energy-stock-price-target-on-valuation-review",
        "published": "2026-10-20T14:08:50.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}