American Electric Power Company found using ticker (AEP) have now 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 118 and 84 with the average target price sitting at 106.93. Given that the stocks previous close was at 92.41 this would indicate that there is a potential upside of 15.7%. The 50 day MA is 98.9 and the 200 moving average now moves to 90.89. The market cap for the company is $48,068m. Company Website: https://www.aep.com
The potential market cap would be $55,620m 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.
