The AES Corporation with ticker code (AES) now have 9 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 33 and 30 with the average target price sitting at $31.11. Given that the stocks previous close was at $25.54 this would imply there is now a potential upside of 21.8%. There is a 50 day moving average of $24.56 and the 200 moving average now moves to $25.27. The total market capitalization for the company now stands at $16,632m. Find out more information at: https://www.aes.com
The potential market cap would be $20,259m based on the market consensus.
The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses a range of fuels and technologies to generate electricity, including coal, gas, hydro, wind, solar, and biomass; and renewables, such as energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 32,326 megawatts. It has operations in the United States, Puerto Rico, El Salvador, Chile, Colombia, Argentina, Brazil, Mexico, Central America, the Caribbean, Europe, and Asia. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.
The company has a dividend yield of 2.6% with the ex dividend date set at 28-4-2023 (DMY).
