The AES Corporation with ticker code (AES) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 32 and 27.5 with a mean TP of 30.55. Now with the previous closing price of 23.27 this indicates there is a potential upside of 31.3%. The 50 day moving average now sits at 24.06 and the 200 day MA is 24.91. The market cap for the company is $15,374m. Find out more information at: https://www.aes.com
The potential market cap would be $20,184m 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 natural gas, coal, pet coke, diesel, and oil, as well as renewables, such as hydro, solar, wind, energy storage, biomass, and landfill gas. The company owns and/or operates a generation portfolio of approximately 30,308 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.
