Analyst price targets
According to the analyst consensus, AES (AES) has a median target price of $14.22 compared to its current market price of $14.84, which indicates a downside of more than 4% for the next 12 months. Of the ten analysts tracking AES, four have recommended a “buy” for the stock, and five have recommended a “hold.” One analyst has recommended a “sell” as of October 16.
Peer price targets
SCANA (SCG) has a median price target of $39.50, which implies an upside of 2% for the next year. It’s currently trading at $38.76. Among the eight analysts tracking SCANA, five have recommended a “hold” for the stock, and one has recommended a “buy.” One analyst has rated it a “strong buy,” and one has recommended a “strong sell.” Mizuho Securities upgraded SCG’s ratings from “neutral” to “buy” on October 9.
Analysts’ median target price of $41.94 for NRG Energy (NRG) stock implies a ~15% upside to its current price of $36.60 over the next 12 months. Of the nine analysts tracking NRG Energy, four have recommended a “strong buy,” four have recommended a “buy,” and one has recommended a “hold” as of October 16.
To learn more about US utilities (XLU), their recent performance, and how they are placed going forward, Read How Utility Stocks Fared in the Market Rout Last Week.