AEP - American Electric Power Company - Stock Forecast

Utilities - Sector
Coverage Profile Performance Price Targets & Ratings Chart Insider Trading

AEP is currently covered by 16 analysts with an average price target of $94.66. This is a potential upside of $12.66 (15.44%) from yesterday's end of day stock price of $82.

American Electric Power Company's activity chart (see below) currently has 156 price targets and 178 ratings on display. The stock rating distribution of AEP is 95.52% BUY, 2.99% HOLD and 1.49% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 57.49% with an average time for these price targets to be met of 447.4 days.

Highest price target for AEP is $113, Lowest price target is $81, average price target is $94.66.

Most recent stock forecast was given by JAMES THALACKER from BMO on 22-Jan-2024. First documented stock forecast 12-Oct-2010.

Overview

American Electric Power Company specializes in the generation, transmission, and distribution of electricity in the United States.

AEP serves millions of retail and wholesale customers across 11 states. The company generates electricity from various sources, including coal, natural gas, nuclear, hydro, solar, and wind. American Electric Power Company also owns and operates transmission and distribution lines, as well as natural gas pipelines and storage facilities.

What made American Electric Power Company famous?

American Electric Power Company has been in operation for over a century and has established itself as a leader in the electric utility industry.

In recent years, American Electric Power Company has also earned recognition for committing to renewable energy and plans to add more wind and solar projects to its portfolio.

Products and services

American Electric Power is an electric utility company that provides electricity generation, transmission, and distribution services.

American Electric Power has committed to adding 10,000 MW of new renewable energy generation to its portfolio by 2030.

AEP operates the largest wind farm in the United States, with more than 1,400 MW of wind generation capacity.

Smart Grid Technology

To modernize and improve its power infrastructure, American Electric Power is implementing smart grid technology. The company has already installed more than 5 million smart meters across its service territory and is investing in grid automation for more efficient and reliable power delivery.

Energy Efficiency Programs

American Electric Power offers various energy efficiency programs to help customers reduce their energy usage and lower their electricity bills. These programs include rebates for energy-efficient appliances, home energy assessments, and weatherization assistance. Furthermore, American Electric Power also provides demand response programs that incentivize customers to reduce their energy usage during peak periods to help avoid power outages.

History

The company was incorporated in 1906 and is headquartered in Columbus, Ohio. With a history of over 100 years, American Electric Power has a long and proud tradition of serving its customers and contributing to the communities it serves.

Currently out of the existing stock ratings of AEP, 64 are a BUY (95.52%), 2 are a HOLD (2.99%), 1 are a SELL (1.49%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

88

$5.44 (6.59%)

103

1 months 1 days ago

3/10 (30%)

$10.3 (13.26%)

325

Buy

81

$-1.56 (-1.89%)

105

1 months 1 days ago

4/6 (66.67%)

$3.3 (4.25%)

224

Buy

83

$0.44 (0.53%)

87

1 months 12 days ago

5/11 (45.45%)

$0.46 (0.56%)

920

Buy

95

$12.44 (15.07%)

93

3 months 2 days ago

15/45 (33.33%)

$16.96 (21.73%)

539

Buy

82

$-0.56 (-0.68%)

88

3 months 30 days ago

6/8 (75%)

$8.1 (10.96%)

343

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What is AEP (American Electric Power Company) average time for price targets to be met?

On average it took 447.4 days on average for the stock forecasts to be realized with a an average price target met ratio 57.49

Which analyst has the current highest performing score on AEP (American Electric Power Company) with a proven track record?

DANIEL FORD

Which analyst has the most public recommendations on AEP (American Electric Power Company)?

Daniel Ford works at UBS and has 4 price targets and 5 ratings on AEP

Which analyst is the currently most bullish on AEP (American Electric Power Company)?

Daniel Ford with highest potential upside - $30.44

Which analyst is the currently most reserved on AEP (American Electric Power Company)?

Jonathan Arnold with lowest potential downside - -$7.56

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