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American Equity Investment Life Holding (NYSE:AEL) has been upgraded to Buy in a statement by TheStreet earlier today.

Displaying a price of $16.50, American Equity Investment Life Holding (NYSE:AEL) traded 1.68% lower on the day. With the last close up 12.87% relative to the two hundred day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. The company has registered a 50-day average of $16.61 and 200-day moving average of $15.53. 1,487,554 shares of American Equity Investment Life Holding exchanged hands, up from ann average volume of 566,089

TheStreet has upgraded American Equity Investment Life Holding(NYSE:AEL) to Buy in a statement released 8/18/2016.

On Thursday July 7 2016, Citigroup released a statement for American Equity Investment Life Holding(NYSE:AEL) dropped the target price from $20.00 to $18.00. At the time, this indicated a possible upside of 0.31%.

Recent Performance Graph:

American Equity Investment Life Holding (NYSE:AEL)

A total of 6 firms have issued a report on the company. Two firms rate the company a strong buy, four firms rate the stock a buy, one firm rate the stock a hold, 0 rate the stock to underperform, and lastly 0 analystsrate the stock as sell with a 12-month target price of $19.00

American Equity Investment Life Holding has a 52 week low of $12.65 and a 52 week high of $28.30 with a P/E ratio of 14 and has a market capitalization of $0.0.

Brief Synopsis On American Equity Investment Life Holding (NYSE:AEL)

American Equity Investment Life Holding Company is engaged in the development and sale of fixed index and fixed rate annuity products. The Company issues fixed annuity and life insurance products through its life insurance subsidiaries, American Equity Investment Life Insurance Company, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. The Company’s products include Fixed Index Annuities, Fixed Rate Annuities, Withdrawal Options-Fixed Index and Fixed Rate Annuities and Life Insurance. Fixed index annuities allow policyholders to earn index credits based on the performance of a particular index without the risk of loss of their principal. Fixed rate deferred annuities include annual reset and multi-year rate guaranteed products. It also sells single premium immediate annuities. The Life Insurance products include traditional ordinary and term, and universal life and other interest-sensitive life insurance products.

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