The AES Corporation (AES) : Zacks Investment Research ranks The AES Corporation (AES) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 1.8, which indicates as a Buy.
The AES Corporation (AES) : The highest level The AES Corporation (AES) is projected to reach is $15 for the short term and the lowest estimate is at $12. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $13.6 and the possibility the share price can swing is $1.14.
Shares of The AES Corporation appreciated by 1.5% during the last five trading days but lost 3% on a 4-week basis. The AES Corporation is up 12.64% in the last 3-month period. Year-to-Date the stock performance stands at 31.24%. The AES Corporation (NYSE:AES): On Tuesdays trading session , Opening price of the stock was $12.35 with an intraday high of $12.4. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $12.17. However, the stock managed to close at $12.18, a loss of 0.90% for the day. On the previous day, the stock had closed at $12.29. The total traded volume of the day was 4,733,308 shares.
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.