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
€12.20
0.510%
We see a rather positive sentiment for AES Corporation with 11 Buy predictions and 1 Sell predictions.
However, we have a potential of -1.64% for AES Corporation as the target price of 12 € is below the current price of 12.2 €.
