American Electric Power Company with ticker code (AEP) now have 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 113 and 97 and has a mean target at 104.54. Given that the stocks previous close was at 94.55 this would indicate that there is a potential upside of 10.6%. There is a 50 day moving average of 95.08 and the 200 moving average now moves to 95.74. The market capitalisation for the company is $47,332m. You can visit the company’s website by visiting: https://www.aep.com
The potential market cap would be $52,333m based on the market concensus.
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, 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. American Electric Power Company was incorporated in 1906 and is headquartered in Columbus, Ohio.
