Zacks Rating on American Equity Investment Life Holding Company (AEL)

American Equity Investment Life Holding Company (AEL) has an average broker rating of 1.33, which is interpreted as a Strong Buy, as rated by 3 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

American Equity Investment Life Holding Company (AEL) : Currently there are 3 street experts covering American Equity Investment Life Holding Company (AEL) stock. The most bullish and bearish price target for the stock is $23 and $18 respectively for the short term. The average price target of all the analysts comes to $21. The estimated standard deviation from the target is $2.65.

American

Shares of American Equity Investment Life Holding Company rose by 2.53% in the last five trading days and 4.54% for the last 4 weeks. American Equity Investment Life Holding Company is up 5% in the last 3-month period. Year-to-Date the stock performance stands at -30.96%. American Equity Investment Life Holding Company (NYSE:AEL): stock turned positive on Tuesday. Though the stock opened at $16.62, the bulls momentum made the stock top out at $16.8 level for the day. The stock recorded a low of $16.51 and closed the trading day at $16.59, in the green by 0.48%. The total traded volume for the day was 390,347. The stock had closed at $16.51 in the previous days trading.

American Equity Investment Life Holding Company is engaged in the development and sale of fixed index and fixed rate annuity products. The Company issues fixed annuity and life insurance products through its wholly owned life insurance subsidiaries, American Equity Investment Life Insurance Company (American Equity Life), American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company (Eagle Life). The Companys business consists primarily of the sale of fixed index and fixed rate annuities. The Companys products include Fixed Index Annuities, Fixed Rate Annuities, Withdrawal Options-Fixed Index and Fixed Rate Annuities and Life Insurance.

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