American Electric Power Company with ticker code (AEP) now have 15 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 112 and 81 calculating the mean target price we have 99.47. Now with the previous closing price of 85.49 this would indicate that there is a potential upside of 16.4%. The 50 day MA is 88.3 and the 200 day moving average is 86.24. The company has a market capitalisation of $42,546m. Company Website: https://www.aep.com
The potential market cap would be $49,503m 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, and hydroelectric, as well as 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 owns, leases, or controls approximately 3,016 railcars, 411 barges, 6 towboats, and a coal handling terminal with approximately 18 million tons of annual capacity. American Electric Power Company was incorporated in 1906 and is headquartered in Columbus, Ohio.
