Why AES Stock Popped Today
Electric utility stock The AES Corporation (NYSE: AES) is continuing to bob and weave, eluding the market downturn that's hit so many other stocks today. And what is AES's secret?
Earnings.
AES beat forecast earnings last night, earning $0.51 per share instead of the forecast $0.40 (although it missed on revenue, which was only $2.9 billion). Shares of AES were up more than 6% at one point today, and they're hanging on to a slim 1.2% gain as of 1:55 p.m. ET.
Source Fool.com
AES Corporation Stock
€11.51
3.310%
We see a rather positive sentiment for AES Corporation with 15 Buy predictions and 2 Sell predictions.
As a result the target price of 13 € shows a slightly positive potential of 12.91% compared to the current price of 11.51 € for AES Corporation.
