Why AES Stock Crashed Hard Today
AES Corporation (NYSE: AES) stock collapsed Monday morning, falling 17.2% through 2:15 p.m. ET after the company announced it will sell itself to a consortium led by private equity powerhouse (NYSE: BLK).
The price: $15 per share -- 13% less than AES cost Friday.
Image source: Getty Images.
Source Fool.com
AES Corporation Stock
€12.20
0.480%
We see a rather positive sentiment for AES Corporation with 12 Buy predictions and 1 Sell predictions.
As a result the target price of 13 € shows a slightly positive potential of 6.54% compared to the current price of 12.2 € for AES Corporation.
