American Equity Investment Life with ticker code (AEL) now have 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 48 and 40 and has a mean target at 43.89. Given that the stocks previous close was at 39.14 this is indicating there is a potential upside of 12.1%. The 50 day moving average now sits at 39.39 and the 200 moving average now moves to 35.53. The company has a market cap of $3,809m. Company Website: https://www.american-equity.com
The potential market cap would be $4,271m based on the market concensus.
American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues fixed index and rate annuities, as well as single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks, and registered investment advisors. American Equity Investment Life Holding Company was incorporated in 1995 and is headquartered in West Des Moines, Iowa.