American Electric Power Company with ticker code (AEP) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 112 and 81 and has a mean target at 97.91. Given that the stocks previous close was at 90.86 this is indicating there is a potential upside of 7.8%. There is a 50 day moving average of 85.63 and the 200 day moving average is 86.12. The company has a market capitalisation of $45,162m. Find out more information at: https://www.aep.com
The potential market cap would be $48,666m 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.
