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AES Corporation (NYSE:AES) has been upgraded from Neutral to Buy in a report by Bank of America (Merrill Lynch) today.

Yesterday AES Corporation (NYSE:AES) traded -0.99% lower at $10.79. The company’s 50-day moving average is $11.20 and its 200-day moving average is $11.31. The last stock close price is down -2.59% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 390,934 shares of the stock were exchanged, down from an average trading volume of 4,498,290

Bank of America (Merrill Lynch) has upgraded AES Corporation (NYSE:AES) from Neutral to Buy in a report released on 11/13/2017.

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AES Corporation (NYSE:AES)

AES Corporation has a 52 week low of $10.60 and a 52 week high of $12.48 The company’s market cap is currently $0.

About AES Corporation (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. It is organized into six strategic business units (SBUs): the United States; Andes; Brazil; Mexico, Central America and the Caribbean (MCAC); Europe, and Asia. As of December 31, 2016, its United States SBU had 18 generation facilities and two integrated utilities in the United States. As of December 31, 2016, its Andes SBU had generation facilities in three countries. Its Brazil SBU has generation and distribution businesses, Eletropaulo and Tiete. As of December 31, 2016, its MCAC SBU had a portfolio of distribution businesses and generation facilities, including renewable energy, in five countries. As of December 31, 2016, its Europe SBU had generation facilities in five countries. As of December 31, 2016, its Asia SBU had generation facilities in three countries.

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