American Electric Power Company with ticker code (AEP) have now 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 109 and 80 with the average target price sitting at 100.69. With the stocks previous close at 83.93 this is indicating there is a potential upside of 20.0%. The 50 day moving average now sits at 96.18 and the 200 day MA is 95.75. The company has a market cap of $43,991m. Visit the company website at: https://www.aep.com
The potential market cap would be $52,776m 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.