American Equity Investment Life with ticker code (AEL) have now 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 47 and 38 and has a mean target at 41.89. With the stocks previous close at 33.83 this would indicate that there is a potential upside of 23.8%. The 50 day moving average now sits at 37.39 and the 200 day moving average is 37.52. The market capitalisation for the company is $3,201m. Company Website: https://www.american-equity.com
The potential market cap would be $3,964m 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.
