J.P. Morgan analyst Richard Sunderland maintained a Buy rating on AES (AES – Research Report) yesterday and set a price target of $29.00. The company's shares closed last Thursday at $19.45, close to its 52-week low of $19.14. According to TipRanks.com, Sunderland is a 2-star analyst with an average return of 0.7% and a 53.3% success rate. Sunderland covers the Utilities sector, focusing on stocks such as South Jersey Industries, New Jersey Resources, and American Water. AES has an analyst consensus of Strong Buy, with a price target consensus of $28.61, a 44.0% upside from current levels.
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