The AES Corporation with ticker code (AES) have now 10 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 32 and 24.5 and has a mean target at 28.6. Given that the stocks previous close was at 24.24 this would indicate that there is a potential upside of 18.0%. The 50 day MA is 22.24 while the 200 day moving average is 23.87. The company has a market capitalisation of $16,264m. You can visit the company’s website by visiting: https://www.aes.com
The potential market cap would be $19,190m based on the market concensus.
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 31,459 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 and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.
