Morning Technical Insight on these Electric Utilities Stocks -- Alliant Energy, Ameren, American Electric Power, and Companhia Energetica de Minas Gerais

NEW YORK, April 24, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on LNT, AEE, AEP, and CIG which can be accessed for free by signing up to www.wallstequities.com/registration. Research reports have been issued by WallStEquities.com on Alliant Energy Corp. (NYSE: LNT), Ameren Corp. (NYSE: AEE), American Electric Power Co. Inc. (NYSE: AEP), and Companhia Energetica de Minas Gerais (NYSE: CIG). According to a Value Line report, most investors purchase Electric Utilities stocks for their high dividend yields. Another key attraction of these equities is their defensive characteristics. Most electric utility stocks are less risky and less volatile than non-utility issues. Capital appreciation is not a major consideration for electric utility investors. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

Alliant Energy

Madison, Wisconsin headquartered Alliant Energy Corporation's stock finished Monday's session 0.36% higher at $41.69. A total volume of 953,294 shares was traded. The Company's shares have advanced 5.41% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 4.92% and 0.33%, respectively. Furthermore, shares of Alliant Energy, which operates as a utility holding company that provides regulated electricity and natural gas services in the Midwest region of the US, have a Relative Strength Index (RSI) of 63.94.

On April 16^th, 2018, Alliant Energy's Board of Directors declared a quarterly cash dividend of $0.335 per share, payable on May 15^th, 2018, to shareowners of record as of the close of business on April 30^th, 2018. Get the full research report on LNT for free by clicking below at: www.wallstequities.com/registration/?symbol=LNT

Ameren

Shares in St. Louis, Missouri headquartered Ameren Corporation ended at $56.63, up 0.64% from the last trading session. The stock recorded a trading volume of 1.47 million shares. The Company's shares have gained 3.11% in the last month. The stock is trading above its 50-day moving average by 2.28%. Moreover, shares of Ameren, which operates as a public utility holding company in the US, have an RSI of 54.86.

On March 27^th, 2018, research firm Gabelli & Co initiated a 'Buy' rating on the Company's stock, with a target price of $66 per share.

On April 17^th, 2018, Ameren announced that Warner L. Baxter, Chairman, President and CEO, will join Martin J. Lyons, Executive Vice President and CFO, in a conference call on May 09^th, 2018 at 10:00 a.m. ET to discuss the Company's Q1 2018 earnings, earnings guidance, and other matters. The call will be broadcast live on the Company's investors website. To experience our free membership services anytime/ anywhere and access the free report on AEE, click to register at: www.wallstequities.com/registration/?symbol=AEE

American Electric Power

Columbus, Ohio headquartered American Electric Power Company, Inc.'s stock ended yesterday's session 0.03% lower at $68.44 with a total trading volume of 1.85 million shares. The Company's shares have advanced 1.60% in the past month. The stock is trading above its 50-day moving average by 2.28%. Additionally, shares of the Company, which engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the US, have an RSI of 55.31.

On March 26^th, 2018, American Electric Power announced that it has named John M. McManus Senior Vice President - Environmental Services, effective March 24^th, 2018. McManus was promoted from Vice President - Environmental Services - a position he has held since 2003. He will continue to report to Mark C. McCullough, Executive Vice President - Generation. Join our big investor community at Wall St. Equities today and get your free report on AEP at: www.wallstequities.com/registration/?symbol=AEP

Companhia Energetica de Minas Gerais

On Monday, shares in Belo Horizonte, Brazil headquartered Companhia Energetica de Minas Gerais recorded a trading volume of 2.96 million shares. The stock finished the day 1.22% lower at $2.42. The Company's shares have advanced 18.63% in the previous three months. The stock is trading above its 200-day moving average by 0.60%. Furthermore, shares of the Company, which through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Brazil, have an RSI of 48.83.

On April 04^th, 2018, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'. Know more about CIG in our free research coverage at: www.wallstequities.com/registration/?symbol=CIG

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Wall St. Equities