Are Analysts Bearish The AES Corporation (NYSE:AES) After Last Week?

February 15, 2018 - By Clifton Ray

 Are Analysts Bearish The AES Corporation (NYSE:AES) After Last Week?
Investors sentiment increased to 1.32 in Q3 2017. Its up 0.31, from 1.01 in 2017Q2. It increased, as 29 investors sold The AES Corporation shares while 132 reduced holdings. 45 funds opened positions while 168 raised stakes. 596.31 million shares or 1.11% less from 603.00 million shares in 2017Q2 were reported.
Btc Cap accumulated 0.4% or 202,237 shares. 1.34M are held by Mitsubishi Ufj Corporation. American Century Cos reported 0.06% of its portfolio in The AES Corporation (NYSE:AES). Group Incorporated One Trading Lp has invested 0% of its portfolio in The AES Corporation (NYSE:AES). Capital International Ca holds 136,700 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.09% of its portfolio in The AES Corporation (NYSE:AES) for 854,927 shares. M&T Fincl Bank reported 51,704 shares. 8.21 million were accumulated by Northern Trust Corporation. Chevy Chase Tru Hldgs Inc holds 577,954 shares or 0.03% of its portfolio. Alexandria Cap Limited Liability Company accumulated 333 shares or 0% of the stock. Kentucky Retirement, Kentucky-based fund reported 40,534 shares. Aqr Capital Management Limited Liability Corp holds 0.07% or 4.94M shares in its portfolio. Loomis Sayles And L P accumulated 27,393 shares. Teewinot Cap Advisers invested in 10,700 shares. Advantus Mngmt holds 0.12% or 416,354 shares.

The AES Corporation (NYSE:AES) Ratings Coverage

Among 10 analysts covering AES Corporation (NYSE:AES), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. AES Corporation had 18 analyst reports since September 24, 2015 according to SRatingsIntel. The rating was downgraded by Argus Research on Monday, October 19 to “Hold”. The company was downgraded on Wednesday, January 4 by RBC Capital Markets. The firm has “Hold” rating given on Thursday, March 23 by Argus Research. Morgan Stanley maintained the shares of AES in report on Friday, September 8 with “Equal-Weight” rating. The firm earned “Peer Perform” rating on Wednesday, November 4 by Wolfe Research. The company was maintained on Wednesday, December 13 by Morgan Stanley. On Monday, February 12 the stock rating was maintained by SunTrust with “Buy”. The company was downgraded on Tuesday, November 22 by Bank of America. Barclays Capital downgraded The AES Corporation (NYSE:AES) rating on Tuesday, October 4. Barclays Capital has “Equal Weight” rating and $12 target. Bank of America upgraded The AES Corporation (NYSE:AES) on Monday, November 13 to “Buy” rating. Below is a list of The AES Corporation (NYSE:AES) latest ratings and price target changes.

12/02/2018 Broker: SunTrust Rating: Buy New Target: $14.0 Maintain
02/02/2018 Broker: UBS Rating: Neutral New Target: $12 Initiates Coverage On
13/12/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $14 New Target: $12.5 Maintain
13/11/2017 Broker: Bank of America Rating: Buy New Target: $12.0 Upgrade
13/09/2017 Broker: SunTrust Rating: Buy New Target: $15.0
10/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $12.0 Maintain
08/09/2017 Broker: Morgan Stanley Rating: Equal-Weight New Target: $1.00 Maintain

The stock increased 1.66% or $0.17 during the last trading session, reaching $10.44. About 4.23 million shares traded. The AES Corporation (NYSE:AES) has risen 4.28% since February 15, 2017 and is uptrending. It has underperformed by 12.42% the S&P500.

The AES Corporation operates as a diversified power generation and utility company. The company has market cap of $6.89 billion. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. It currently has negative earnings. The firm also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user clients in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.

More important recent The AES Corporation (NYSE:AES) news were published by: Streetinsider.com which released: “Form SC 13G/A AES CORP Filed by: STATE STREET CORP” on February 13, 2018, also Seekingalpha.com published article titled: “AES Corp. eyes layoffs as part of wider restructuring effort”, Bizjournals.com published: “DP&L announces layoffs at two Dayton sites” on February 14, 2018. More interesting news about The AES Corporation (NYSE:AES) was released by: Fool.com and their article: “Why AES Corp’s Shares Popped 12% Today” with publication date: January 18, 2018.

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