- AES Corp (AES, Financial) is the most shorted stock in the utility sector with a significant percentage of its float shorted.
- Despite a decline in short interest, the Utilities Select Sector SPDR Fund ETF (XLU) has risen 8.19% this year.
- Wall Street analysts offer an average price target suggesting a potential upside from the current price.
AES Corp (AES) has captured significant attention as the most shorted stock in the utility sector. As of May 31, around 43.70 million shares were shorted, representing 6.17% of its float. Despite this, the Utilities Select Sector SPDR Fund ETF (XLU) has experienced an impressive growth of 8.19% year-to-date.
Wall Street's Take: Price Targets and Ratings
Analyzing the insights from 11 Wall Street analysts, The AES Corp (AES, Financial) has an average one-year price target of $13.66, with projections ranging from a high of $23.00 to a low of $5.00. This average target indicates a potential upside of 21.92% from the current trading price of $11.20. For a comprehensive view, visit the The AES Corp (AES) Forecast page.
In terms of brokerage recommendations, The AES Corp (AES, Financial) holds an average recommendation score of 2.6 from 15 firms, classifying it as a "Hold." This scale ranges from 1, indicating a Strong Buy, to 5, suggesting a Sell.
Understanding the GF Value Estimation
GuruFocus has estimated the GF Value for AES Corp (AES, Financial) to be $18.61 in one year, forecasting a robust upside of 66.16% from the current price level of $11.20. The GF Value represents GuruFocus's assessment of the fair market value for the stock, derived from historical trading multiples, past business growth, and future business performance projections. For more detailed insights, explore the The AES Corp (AES) Summary page.
