Shares of the RedChip Highlighted Company, American Energy Group, Ltd. (AEGG.OB) are Gaining Up 4.76 % at Mid-day Today
RedChip Visibility, a division of RedChip Companies, Inc., recently initiated research on American Energy Group, Ltd. (AEGG.OB) with an "Aggressive Speculative Buy" Rating. Clay Mahaffey, CFA, RedChip Research Analyst, wrote in the report that, "The estimated current fair value is the approximate average of several methods, and the $8.00 price target is in line with the NAV at 20 percent. Although an eight-fold price increase in one to two years seems very speculative, in most cases there are solid reasons this will occur for AEGG. First, the severe current undervaluation is due to several factors: operational delays, legal actions against the…