SunTrust Robinson analyst Ali Agha reiterated a Buy rating on American Electric Power (NYSE: AEP) today and set a price target of $82. The company’s shares opened today at $72.53.
According to TipRanks.com, Agha is a 4-star analyst with an average return of 10.4% and a 75.8% success rate. Agha covers the Utilities sector, focusing on stocks such as Pinnacle West Capital Corp, Edison International, and Centerpoint Energy.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for American Electric Power with a $75.50 average price target, which is a 4.1% upside from current levels. In a report issued on August 13, KeyBanc also reiterated a Buy rating on the stock with a $75 price target.
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The company has a one-year high of $78.07 and a one-year low of $62.71. Currently, American Electric Power has an average volume of 2.92M.
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American Electric Power Co., Inc. is a public utility holding company that engages in the business of generation, transmission and distribution of electricity. It operates through the following segments: Vertically Integrated Utilities, Transmission & Distribution Utilities, AEP Transmission Holdco and Generation & Marketing.
