American Electric Power Company with ticker code (AEP) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 118 and 84 with the average target price sitting at 106.24. Given that the stocks previous close was at 102.43 this is indicating there is a potential upside of 3.7%. The day 50 moving average is 96.83 and the 200 day moving average is 89.13. The company has a market capitalisation of $50,006m. Company Website: https://www.aep.com
The potential market cap would be $51,866m 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.
