American Electric Power (NASDAQ:AEP) Stock Price Expected to Rise, Morgan Stanley Analyst Says

American Electric Power (NASDAQ:AEPGet Free Report) had its target price lifted by Morgan Stanley from $129.00 to $136.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The brokerage currently has an “overweight” rating on the stock. Morgan Stanley’s price target points to a potential upside of 1.26% from the stock’s previous close.

A number of other equities research analysts have also commented on the company. Citigroup raised their price target on American Electric Power from $132.00 to $148.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. decreased their price objective on American Electric Power from $141.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, May 15th. Barclays increased their target price on American Electric Power from $135.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. UBS Group upped their price target on shares of American Electric Power from $132.00 to $135.00 in a report on Monday, March 9th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $144.00 price target on shares of American Electric Power in a report on Friday, May 8th. Thirteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, American Electric Power presently has a consensus rating of “Moderate Buy” and an average target price of $141.19.

Read Our Latest Research Report on AEP

American Electric Power Trading Up 0.4%

Shares of AEP stock traded up $0.57 on Wednesday, hitting $134.31. The stock had a trading volume of 577,874 shares, compared to its average volume of 3,900,901. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.42. American Electric Power has a twelve month low of $101.15 and a twelve month high of $139.44. The company has a fifty day moving average price of $130.64 and a two-hundred day moving average price of $126.11. The firm has a market cap of $73.08 billion, a P/E ratio of 19.70, a PEG ratio of 2.60 and a beta of 0.53.

American Electric Power (NASDAQ:AEPGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.57 by $0.07. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The business had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $5.72 billion. During the same quarter last year, the business posted $1.54 EPS. The firm’s revenue was up 10.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. As a group, analysts forecast that American Electric Power will post 6.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Essex Financial Services Inc. increased its position in American Electric Power by 0.9% during the first quarter. Essex Financial Services Inc. now owns 8,215 shares of the company’s stock worth $1,077,000 after buying an additional 75 shares in the last quarter. Cornerstone Advisory LLC lifted its position in shares of American Electric Power by 1.3% in the first quarter. Cornerstone Advisory LLC now owns 5,831 shares of the company’s stock valued at $764,000 after acquiring an additional 75 shares in the last quarter. Financial Enhancement Group LLC lifted its position in shares of American Electric Power by 3.3% in the first quarter. Financial Enhancement Group LLC now owns 2,383 shares of the company’s stock valued at $319,000 after acquiring an additional 76 shares in the last quarter. J2 Capital Management Inc boosted its stake in shares of American Electric Power by 2.0% during the first quarter. J2 Capital Management Inc now owns 4,099 shares of the company’s stock valued at $537,000 after acquiring an additional 79 shares during the last quarter. Finally, Bogart Wealth LLC boosted its stake in shares of American Electric Power by 2.9% during the first quarter. Bogart Wealth LLC now owns 2,905 shares of the company’s stock valued at $381,000 after acquiring an additional 82 shares during the last quarter. Institutional investors own 75.24% of the company’s stock.

About American Electric Power

(Get Free Report)

American Electric Power (NASDAQ: AEP) is a major investor-owned electric utility headquartered in Columbus, Ohio. The company is primarily engaged in the generation, transmission and distribution of electricity, operating a diverse portfolio of power plants and an extensive high-voltage transmission network. AEP serves retail customers through its regulated utility subsidiaries and provides wholesale power and grid services across multiple regional markets in the United States.

Operations span the full utility value chain: AEP owns and operates generation assets that include fossil-fuel, natural gas, nuclear and hydropower facilities, and it has been adding renewable resources to its mix.

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Analyst Recommendations for American Electric Power (NASDAQ:AEP)

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