The AES Corporation (AES) : The consensus on The AES Corporation (AES) based on 6 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
The AES Corporation (AES) : Average target price received by The AES Corporation (AES) is $13.6 with an expected standard deviation of $1.14. The most aggressive target on the stock is $15, whereas the most downbeat target is $12. 5 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy.
The AES Corporation (NYSE:AES): The stock opened at $12.85 and touched an intraday high of $13.08 on Wednesday. During the day, the stock corrected to an intraday low of $12.8, however, the bulls stepped in and pushed the price higher to close in the green at $13.03 with a gain of 1.48% for the day. The total traded volume for the day was 8,097,152. The stock had closed at $12.84 in the previous trading session.
The AES Corporation (AES) is a holding company that operates a portfolio of electricity generation and distribution businesses. The Company is organized into six market-oriented Strategic Business Units (SBUs): the United States, Andes (Chile, Colombia and Argentina), Brazil, MCAC (Mexico, Central America and Caribbean), Europe (formerly EMEA) and Asia. Within these six SBUs, the Company has two lines of business: generation and utilities. Under the generation business line, the Company owns and operates power plants to generate and sell power to customers, such as utilities, industrial users and other intermediaries. Under the utilities business line, the Company owns and operates utilities to generate or purchase, distribute, transmit and sell electricity to end-user customers in the residential, commercial, industrial and governmental sectors within a defined service area. Its utilities also generate and sell electricity on the wholesale market.