The AES Corp (NYSE: AES) stock suffered a major decline of -10.0% on 7/15/24. The shares closed at $17.00. Moreover, trading volume in this decline was unusually high at 179% of normal. The stock has been strong relative to the market over the last nine months but has declined -4.0% during the last week.
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). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. AES has a neutral Appreciation Score of 50 and a slightly positive Power Rating of 61, and the Neutral Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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