American Electric Power Company found using ticker (AEP) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 118 and 80 with the average target price sitting at 106.29. Given that the stocks previous close was at 92.79 this is indicating there is a potential upside of 14.5%. There is a 50 day moving average of 96.63 and the 200 day moving average is 91.88. The market capitalisation for the company is $48,453m. Visit the company website at: https://www.aep.com
The potential market cap would be $55,502m 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.