American Electric Power Company which can be found using ticker (AEP) have now 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 115 and 88 and has a mean target at $103.23. Given that the stocks previous close was at $93.92 and the analysts are correct then there would likely be a percentage uptick in value of 9.9%. There is a 50 day moving average of $90.84 and the 200 day moving average is $93.77. The market cap for the company is $48,643m. Visit the company website at: https://www.aep.com
The potential market cap would be $53,465m based on the market consensus.
American Electric Power Company, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, renewable, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. The company was incorporated in 1906 and is headquartered in Columbus, Ohio.
The company has a dividend yield of 3.52% with the ex dividend date set at 9-2-2023 (DMY).
Other points of data to note are a P/E ratio of 21.08, revenue per share of 38.37 and a 2.74% return on assets.
