The AES Corporation (AES) : 6 analysts are covering The AES Corporation (AES) and their average rating on the stock is 2, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
The AES Corporation (AES) : Currently there are 6 street experts covering The AES Corporation (AES) stock. The most bullish and bearish price target for the stock is $15 and $12 respectively for the short term. The average price target of all the analysts comes to $13.67. The estimated standard deviation from the target is $1.03.
For the current week, the company shares have a recommendation consensus of Buy.
The AES Corporation (NYSE:AES): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.21 and $12.14 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.40, notching a gain of 1.81% for the day. The total traded volume was 4,452,692 . The stock had closed at $12.18 on the previous day.
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.