Brokerage Firm Rating Update on American Electric Power Company (AEP)

American Electric Power Company (AEP) : The consensus on American Electric Power Company (AEP) based on 10 analyst recommendation on the company stock is 1.8, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

American Electric Power Company (AEP) : Average target price received by American Electric Power Company (AEP) is $74.19 with an expected standard deviation of $3.23. The most aggressive target on the stock is $78, whereas the most downbeat target is $69. 8 financial analysts are currently covering the stock.


For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Brokerage Firm, UBS, maintains their rating on the shares of American Electric Power Company (NYSE:AEP). UBS has a Buy rating on the shares. As per the latest research report, the brokerage house lowers the price target to $76 per share from a prior target of $77. The rating by the firm was issued on August 1, 2016.

American Electric Power Company (NYSE:AEP): The stock opened at $65.97 and touched an intraday high of $66.24 on Wednesday. During the day, the stock corrected to an intraday low of $65.65, however, the bulls stepped in and pushed the price higher to close in the green at $66.05 with a gain of 0.02% for the day. The total traded volume for the day was 1,992,804. The stock had closed at $66.04 in the previous trading session.

American Electric Power Company, Inc. is a utility holding company. It operates in five segments. The vertically integrated utilities segment generates, transmits and distributes electricity through AEP Generating Company, Appalachian Power Company, Indiana Michigan Power Company, Kingsport Power Company, Kentucky Power Company, Public Service Company of Oklahoma, Southwestern Electric Power Company and Wheeling Power Company. The Transmission and Distribution Utilities segment transmits and distributes electricity through Ohio Power Company, AEP Texas Central Company and AEP Texas North Company. The Generation & Marketing segments subsidiaries consist of nonutility generating assets, a wholesale energy trading and marketing business and a retail supply and energy management business. AEP Transmission Holdco is a holding company for AEPs transmission joint ventures and AEP Transmission Company, LLC. The AEP River Operations segment transports liquid, coal and dry bulk commodities.

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