AES Corp. Given Consensus Recommendation of “Buy” by Analysts (NYSE:AES)
AES Corp. (NYSE:AES) has earned a consensus recommendation of “Buy” from the nine ratings firms that are covering the company, Analyst Ratings News reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $15.79.
A number of research firms have recently commented on AES. Analysts at JPMorgan Chase & Co. initiated coverage on shares of AES Corp. in a research note on Monday. They set a “neutral” rating and a $16.00 price target on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of AES Corp. in a research note on Thursday, February 20th. They now have a $15.00 price target on the stock.
Shares of AES Corp. (NYSE:AES) opened at 14.27 on Tuesday. AES Corp. has a 1-year low of $10.80 and a 1-year high of $15.54. The stock has a 50-day moving average of $14.22 and a 200-day moving average of $13.93. The company has a market cap of $10.593 billion and a P/E ratio of 21.49.
The AES Corporation (NYSE:AES) owns a portfolio of electricity generation and distribution businesses on five continents in 27 countries, with total capacity of approximately 44,200 megawatts and distribution networks.
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