According to Wall Street analysts’ consensus, AES (AES) has a mean target price of $12.9—compared to its current market price of $11.0. It indicates a potential upside of nearly 17% in a year.
Among the eight analysts tracking AES, four recommended the stock as a “buy,” one recommended it as a “strong buy,” three recommended it as a “hold,” and none of the analysts recommended it as a “sell” as of January 16, 2018.
The above chart shows how analysts’ views on AES stock changed in the last few months. Now, let’s take a look at peers’ target prices.
AES’s peer FirstEnergy (FE) has a mean target price of $36.1, which implies a potential gain of 20% in a year. Currently, it’s trading at $30.1. Goldman Sachs raised FirstEnergy’s target price from $35.0 to $38.0 last week.
Exelon (EXC) has a mean target price of $43.5—compared to its current market price of $38.4. It shows a potential upside of more than 13% in the next 12 months.
Goldman Sachs raised Exelon’s target price from $36.0 to $40.0 on January 11, 2018. SunTrust Robinson Humphrey also raised Exelon’s target price to $43.0 from $42.
To learn about the S&P 500 Utilities (XLU) that are offering attractive potential gains, read These S&P 500 Utilities Offer the Highest Potential Upsides.
Read Dominion Energy or Sempra Energy: Which Could Be Stronger? to learn more.