American Equity Investment Life with ticker code (AEL) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 47 and 41 with a mean TP of 43.78. With the stocks previous close at 37.32 this indicates there is a potential upside of 17.3%. The day 50 moving average is 40.42 while the 200 day moving average is 34.35. The market cap for the company is $3,794m. You can visit the company’s website by visiting: https://www.american-equity.com
The potential market cap would be $4,451m 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; and single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks, and registered investment advisors. The company was founded in 1995 and is headquartered in West Des Moines, Iowa.
