Evercore ISI analyst Greg Gordon maintained a Buy rating on AES Corp (AES) yesterday and set a price target of $18.50. The company’s shares opened today at $15.66.
Gordon commented:
“We are maintaining our EPS forecast and 12-Month Target Price of $18.50. Rating remains Outperform.”
According to TipRanks.com, Gordon is ranked #952 out of 5229 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AES Corp with a $18.13 average price target.
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The company has a one-year high of $18.52 and a one-year low of $13. Currently, AES Corp has an average volume of 5.69M.
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AES in relation to earlier this year. Most recently, in May 2019, Andres Gluski, the President & CEO of AES bought 65,000 shares for a total of $791,700.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
AES Corp. operates as a power generation and utility company. It operates through two business lines: Generation and Utilities. The Generation business line refers to the utilization of fuels and technologies to generate electricity such as coals, gas, hydro, wind, solar and biomass.
