Barclays PLC announced AES Corp (NYSE:AES), boosting its stock price target to $12.00 today
- Updated: October 3, 2016
Yesterday AES Corp (NYSE:AES) traded -4.44% lower at $12.22. AES’s 50-day average is $12.52 and its two hundred day average is $11.83. With the last close up 3.80% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Volume of trade was down over the average, with 3,569,977 shares of AES changing hands under the typical 4,414,970
In a report issued 10/04/2016 Barclays PLC raised the target price of AES Corp (NYSE:AES) to $12.00 stating a possible downside of -0.02%.
Previously on Monday October 03, 2016, UBS reported about AES Corp (NYSE:AES) raised the target price from $0.00 to $11.00. At the time, this indicated a possible downside of -0.14%.
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AES Corp has a 52 week low of $8.22 and a 52 week high of $13.32 The company’s market cap is currently $0.
Brief Synopsis On AES Corp (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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