American Equity Investment Life found using ticker (AEL) have now 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 48 and 40 with the average target price sitting at 43.44. Now with the previous closing price of 33.67 this would imply there is a potential upside of 29.0%. The 50 day MA is 38.27 and the 200 moving average now moves to 36.15. The company has a market capitalisation of $3,166m. Company Website: https://www.american-equity.com
The potential market cap would be $4,085m 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.
