The AES Corporation (NYSE:AES) traded at a new 52-week high today of $27.49. So far today approximately 412,000 shares have been exchanged, as compared to an average 30-day volume of 5 million shares.
In the past 52 weeks, shares of The AES Corporation have traded between a low of $18.62 and a high of $27.49 and is now at $27.48, which is 48% above that low price.
Potential upside of 6.6% exists for The AES Corporation, based on a current level of $27.48 and analysts’ average consensus price target of $29.30.
AES is a global power company operating across 14 countries and 4 continents. Its current generation portfolio as of year-end 2021 consists of over 31 gigawatts of generation, with the generation mix composed of renewables (43%), gas (32%), coal (23%), and oil (2%). The company has 3.5 gigawatts of generation under construction. AES has majority ownership and operates six electric utilities distributing power to 2.6 million customers.
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