AES (AES) – Investment Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for AES (NYSE: AES):

  • 4/11/2018 – AES was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $13.00 price target on the stock. According to Zacks, “AES Corp continues to streamline its portfolio through asset divestments and by exiting markets and businesses where it does not have or cannot develop a competitive advantage. The company is focused on preserving its financial flexibility by reducing cost. Moreover, it is expanding its footprint rapidly in the overseas market. The company is aiming at closing its coal-fired operations to reduce its exposure to carbon emissions and shifting towards a cleaner energy space. Besides asset divestment, the company is teaming up with other companies to expand its footprint in potential markets. A stable financial position also allows the company to exercise several initiatives, including debt prepayment and refinancing, share repurchase and dividend payments. AES Corp. has outperformed its broader industry over the last one year. However, the company's focus on long-term supply contracts exposes it to commodity price risks.”
  • 4/10/2018 – AES was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “AES Corp continues to streamline its portfolio through asset divestments and by exiting markets and businesses where it does not have or cannot develop a competitive advantage. The company is focused on preserving its financial flexibility by reducing cost. Moreover, it is expanding its footprint rapidly in the overseas market. The company is aiming at closing its coal-fired operations to reduce its exposure to carbon emissions and shifting towards a cleaner energy space. AES Corp. has outperformed its broader industry over the last one year. However, the company's focus on long-term supply contracts exposes it to commodity price risks. AES Corp.’s management believes that the recent tariff imposition on solar modules will likely increase the cost of solar photovoltaic panels in the short term.”
  • 4/4/2018 – AES was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 4/3/2018 – AES was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $13.00 price target on the stock. According to Zacks, “AES Corp continues to streamline its portfolio through asset divestments and by exiting markets and businesses where it does not have or cannot develop a competitive advantage. The company is focused on preserving its financial flexibility by reducing cost. Moreover, it is expanding its footprint rapidly in the overseas market. The company is aiming at closing its coal-fired operations to reduce its exposure to carbon emissions and shifting towards a cleaner energy space. AES Corp. has outperformed its broader industry over the last one year. However, the company's focus on long-term supply contracts exposes it to commodity price risks.”
  • 3/19/2018 – AES had its price target raised by analysts at JPMorgan Chase from $12.00 to $13.00. They now have an “overweight” rating on the stock.
  • 2/28/2018 – AES was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 2/12/2018 – AES was given a new $14.00 price target on by analysts at SunTrust Banks, Inc.. They now have a “buy” rating on the stock.

AES stock opened at $11.42 on Thursday. AES Corp has a twelve month low of $9.86 and a twelve month high of $12.05. The company has a debt-to-equity ratio of 3.67, a quick ratio of 0.97 and a current ratio of 1.06. The stock has a market capitalization of $7,549.43, a PE ratio of 10.57, a price-to-earnings-growth ratio of 1.22 and a beta of 1.17.

AES (NYSE:AES) last posted its earnings results on Tuesday, February 27th. The utilities provider reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.11. AES had a negative net margin of 8.77% and a positive return on equity of 16.52%. The firm had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same period in the previous year, the firm posted $0.30 EPS. The business’s quarterly revenue was down .6% on a year-over-year basis. equities analysts forecast that AES Corp will post 1.2 earnings per share for the current fiscal year.



Several institutional investors have recently bought and sold shares of the company. Brandywine Global Investment Management LLC increased its holdings in shares of AES by 2.8% in the 4th quarter. Brandywine Global Investment Management LLC now owns 195,772 shares of the utilities provider’s stock worth $2,121,000 after buying an additional 5,350 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of AES by 1.7% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 348,490 shares of the utilities provider’s stock worth $3,773,000 after buying an additional 5,700 shares during the last quarter. Corient Capital Partners LLC increased its holdings in shares of AES by 2.4% in the 4th quarter. Corient Capital Partners LLC now owns 277,605 shares of the utilities provider’s stock worth $3,006,000 after buying an additional 6,543 shares during the last quarter. Jefferies Group LLC increased its holdings in shares of AES by 2.3% in the 4th quarter. Jefferies Group LLC now owns 300,000 shares of the utilities provider’s stock worth $3,249,000 after buying an additional 6,766 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI increased its holdings in shares of AES by 19.8% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 41,834 shares of the utilities provider’s stock worth $453,000 after buying an additional 6,921 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

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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