American Electric Power Company with ticker code (AEP) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 118 and 84 calculating the average target price we see 107.57. Now with the previous closing price of 99.04 this would imply there is a potential upside of 8.6%. There is a 50 day moving average of 99.39 and the 200 day MA is 90.02. The market cap for the company is $51,200m. Company Website: https://www.aep.com
The potential market cap would be $55,610m 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.
