American Electric Power Company found using ticker (AEP) have now 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 109 and 80 and has a mean target at 99.31. Now with the previous closing price of 89.07 this now indicates there is a potential upside of 11.5%. The 50 day moving average now sits at 90.41 while the 200 day moving average is 95.64. The company has a market cap of $46,906m. Company Website: https://www.aep.com
The potential market cap would be $52,298m 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.
