A statement released earlier today by Barclays about AES (NYSE:AES) drops the target price to $12.00
- Updated: October 4, 2016
Boasting a price of $12.47, AES (NYSE:AES) traded -4.21% lower on the day. The last stock close price is up 0.83% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same period. AES has recorded a 50-day average of $12.53 and a two hundred day average of $11.85. Trade Volume was up over the average, with 5,388,950 shares of AES changing hands over the typical 4,487,360
Barclays dropped the price target of AES (NYSE:AES) to $12.00 indicating a possible downside of -0.04%.
On 10/3/2016, UBS released a statement for AES (NYSE:AES) increased the target price from $0.00 to $11.00. At the time, this suggested a downside of -0.14%.
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AES has 52 week low of $8.22 and a 52 week high of $13.32 and has a total market value of $0.
General Company Details For AES (NYSE:AES)
The AES Corporation is a holding company. The Company, through its subsidiaries and affiliates, operates a diversified portfolio of electricity generation and distribution businesses. The Company is organized into six strategic business units (SBUs): the United States; Andes; Brazil; Mexico, Central America and Caribbean (MCAC); Europe, and Asia. Within these SBUs, the Company has two lines of business: generation and utilities. Its United States SBU has over 20 generation facilities and approximately two integrated utilities in the United States. Its Andes SBU has generation facilities in over three countries: Chile, Colombia and Argentina. Its Brazil SBU has generation and distribution businesses: Eletropaulo and Tiete. Its MCAC SBU has a portfolio of distribution businesses and generation facilities, including renewable energy, in over five countries, with a total capacity of approximately 3,240 megawatt (MW) and distribution networks.
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