AES traded at $14.37 this Tuesday May 5th, increasing $0.09 or 0.63 percent since the previous trading session. Looking back, over the last four weeks, AES gained 0.28 percent. Over the last 12 months, its price rose by 37.64 percent. Looking ahead, we forecast AES to be priced at 13.98 by the end of this quarter and at 13.13 in one year, according to Trading Economics global macro models projections and analysts expectations.
The AES Corporation is a holding company. The Company, through its subsidiaries and affiliates, operates a diversified portfolio of electricity generation and distribution businesses. The Company is organized into four market-oriented strategic business units (SBUs): US and Utilities (United States, Puerto Rico and El Salvador); South America (Chile, Colombia, Argentina and Brazil); MCAC (Mexico, Central America and the Caribbean); and Eurasia (Europe and Asia). It has two lines of business: generation and utilities. The generation business owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. Its utilities business owns and/or operates utilities to generate or purchase, distribute, transmit and sell electricity to customers in the residential, commercial, industrial and governmental sectors within a defined service area.