Zacks Investment Research downgraded AES Corp (NYSE:AES) to Sell in a report released today.
- Updated: October 13, 2016
Zacks Investment Research has downgraded AES Corp (NYSE:AES) to Sell in a report released on 10/13/2016.
Previously on 10/4/2016, Barclays released a statement about AES Corp (NYSE:AES) lowered the target price from $14.00 to $12.00 that suggested a downside of -0.04%.
Just yesterday AES Corp (NYSE:AES) traded 0.60% higher at $11.81. The company’s 50-day moving average is $12.42 and its 200-day moving average is $11.85. With the last stock price close down -0.94% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Trade Volume was down over the average, with 4,247,940 shares of AES changing hands under the typical 4,817,990
AES Corp has with a 52 week low of $8.22 and a 52 week high of $13.32 and has a total market value of $0.
Brief Synopsis About 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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