Barclays analyst Nicholas Campanella maintained a Hold rating on American Electric Power (AEP – Research Report) today and set a price target of $99.00. The company’s shares closed yesterday at $98.10.
Campanella covers the Utilities sector, focusing on stocks such as Edison International, Constellation Energy Corporation, and Entergy. According to TipRanks, Campanella has an average return of 10.8% and a 68.35% success rate on recommended stocks.
Currently, the analyst consensus on American Electric Power is a Hold with an average price target of $102.91.
AEP market cap is currently $52.24B and has a P/E ratio of 19.70.
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American Electric Power (AEP) Company Description:
American Electric Power Company, Inc. is a public utility holding company. It primarily engages in generating, transmitting and distributing electricity. With approximately 5.5 million customers across 11 states, it is one of the largest integrated utility companies in the United States.
Read More on AEP:
- Bloom Energy price target raised to $22 from $12 at Jefferies
- American Electric price target lowered to $104 from $109 at Morgan Stanley
- Bloom Energy price target raised to $22 from $14 at Wells Fargo
- Bloom Energy price target raised to $28 from $15 at RBC Capital
- Bloom Energy price target raised to $28 from $20 at Morgan Stanley