uploads///NRG anr

Analysts’ Forecasts for AEP Stock

By

Apr. 25 2019, Published 10:27 a.m. ET

Analysts’ recommendations

Of the 18 analysts tracking American Electric Power (AEP), four recommend “strong buy,” six recommend “buy,” and eight recommend “hold.” Their mean target price of $84.20 implies the stock could stay flat this year based on its current price of $84.

Ready to put your morning scrolling to use? Sign up for Bagels & Stox, our witty take on the top market and investment news straight to your inbox! Whether you’re a serious investor or just want to be informed, Bagels & Stox will be your favorite email.

AEP stock is trading 20 times its forward earnings, higher than its five-year average and peers’ (XLU) average. It has one of the longest dividend payment histories among peers. On April 23, AEP declared a quarterly dividend of $0.67 per share, marking its 436th consecutive quarterly cash dividend.

The biggest utility by revenue, Exelon (EXC), is set to report its first-quarter earnings on May 2. Analysts’ mean price target of $51.60 for the stock implies a slight 3% increase in the next 12 months from its current price of $50.

Article continues below advertisement
Advertisement

More From Market Realist

  • CONNECT with Market Realist
  • Link to Facebook
  • Link to Twitter
  • Link to Instagram
  • Link to Email Subscribe
Market RealistLogo
Do Not Sell My Personal Information

© Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.