Barclays Capital disclosed AES Corporation (NYSE:AES), bumping down its price target to $12.00 earlier today
- Updated: October 3, 2016
Boasting a price of $12.47, AES Corporation (NYSE:AES) traded -4.44% lower on the day. With the last stock price up 3.80% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. The company has recorded a 50-day moving average of $12.52 and a 200-day moving average of $11.83. Volume of trade was down over the average, with 3,569,977 shares of AES changing hands under the typical 4,414,970
Indicating a possible downside of -0.04%, Barclays Capital reduced the target of AES Corporation (NYSE:AES) to $12.00
On 10/03/2016, UBS released a statement for AES Corporation (NYSE:AES) bumped up the target price from $0.00 to $11.00 that suggested a downside of -0.14%.
With a total market value of $0, AES Corporation has 52 week low of $8.22 and a 52 week high of $13.32 .
Brief Synopsis On 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. 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.