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 target price ranges between 120 and 80 with the average target price sitting at 106.81. Now with the previous closing price of 84.51 this would imply there is a potential upside of 26.4%. There is a 50 day moving average of 99.21 and the 200 moving average now moves to 95.93. The company has a market capitalisation of $42,635m. Company Website: https://www.aep.com
The potential market cap would be $53,885m based on the market concensus.
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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.