Recent exceptional positive changes in investment behavior have benefitted The AES Corp (NYSE: AES): positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.
The AES Corp (NYSE: AES) has benefited from minimal positive changes in fundamentals: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, AES is expected to continue to be a major Value Builder.
AES has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. AES has a neutral Appreciation Score of 53 and a neutral Power Rating of 48, producing the Neutral Value Trend Rating.
Recent Price Action
On 9/16/24, The AES Corp (NYSE: AES) stock enjoyed a large increase of 2.5%, closing at $19.01. Moreover, above average trading volume at 131% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 17.4% during the last week.
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