Somewhat Positive News Coverage Somewhat Unlikely to Affect AES (AES) Share Price
News articles about AES (NYSE:AES) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. AES earned a coverage optimism score of 0.21 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 45.4563615946661 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news stories that may have impacted Accern Sentiment’s analysis:
- AES’s (AES) Buy Rating Reaffirmed at SunTrust Banks (americanbankingnews.com)
- AES Corp (AES) Short Interest Update (americanbankingnews.com)
- AES (AES) Rating Lowered to Hold at ValuEngine (americanbankingnews.com)
- 3 sue over fatal 3-car crash (saipantribune.com)
- IPL Further Details Central Indiana Layoffs (insideindianabusiness.com)
AES (NYSE:AES) traded up $0.05 during trading hours on Tuesday, reaching $10.32. The company’s stock had a trading volume of 6,312,210 shares, compared to its average volume of 10,973,397. The stock has a market capitalization of $6,735.94, a PE ratio of -8.82, a price-to-earnings-growth ratio of 1.08 and a beta of 1.26. The company has a debt-to-equity ratio of 3.20, a current ratio of 0.99 and a quick ratio of 0.89. AES has a 1 year low of $9.86 and a 1 year high of $12.05.
Several equities research analysts recently weighed in on AES shares. SunTrust Banks set a $14.00 price target on AES and gave the stock a “buy” rating in a report on Monday. ValuEngine downgraded AES from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. UBS Group started coverage on AES in a report on Friday, February 2nd. They set a “neutral” rating and a $12.00 price target for the company. Bank of America raised AES from an “underperform” rating to a “neutral” rating and set a $11.50 price target for the company in a report on Tuesday, October 24th. Finally, Morgan Stanley cut their price objective on AES from $14.00 to $12.50 and set an “equal weight” rating for the company in a research report on Wednesday, December 13th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $12.42.
The AES Corporation is a holding company. The Company, through its subsidiaries and affiliates, operates a diversified portfolio of electricity generation and distribution businesses. It is organized into six strategic business units (SBUs): the United States; Andes; Brazil; Mexico, Central America and the Caribbean (MCAC); Europe, and Asia.
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