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 48 and 40 and has a mean target at 43.44. With the stocks previous close at 36.97 this is indicating there is a potential upside of 17.5%. The 50 day moving average now sits at 38.24 while the 200 day moving average is 36.27. The market cap for the company is $3,500m. You can visit the company’s website by visiting: https://www.american-equity.com
The potential market cap would be $4,113m 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.
