2.31 % to Target, JP Morgan Keeps ‘”Neutral”’ Rating on American Electric Power (NYSE:AEP) Shares Today

October 13, 2017 - By test

 2.31 % to Target, JP Morgan Keeps ‘

Investors sentiment increased to 1.09 in Q2 2017. Its up 0.10, from 0.99 in 2017Q1. It increased, as 37 investors sold American Electric Power Company Inc shares while 255 reduced holdings. 72 funds opened positions while 245 raised stakes. 348.55 million shares or 2.95% more from 338.55 million shares in 2017Q1 were reported.

Texas Yale Corp holds 0.02% or 2,945 shares in its portfolio. South Dakota Invest Council owns 11,600 shares for 0.02% of their portfolio. Argi Inv Svcs Limited Liability Company reported 12,238 shares or 0.06% of all its holdings. Loring Wolcott And Coolidge Fiduciary Advisors Llp Ma invested in 1,741 shares or 0% of the stock. Utah Retirement Systems stated it has 90,240 shares. Cornerstone Advisors reported 0.18% stake. Carroll Fincl Inc has 7,663 shares for 0.06% of their portfolio. Nomura Inc invested 0.01% in American Electric Power Company Inc (NYSE:AEP). 1St Source Financial Bank owns 34,526 shares or 0.21% of their US portfolio. Barry Invest Advisors Ltd Liability holds 0.11% in American Electric Power Company Inc (NYSE:AEP) or 4,187 shares. Atwood And Palmer holds 0.06% or 5,800 shares. Ajo Ltd Partnership invested 0.89% of its portfolio in American Electric Power Company Inc (NYSE:AEP). Johnson Counsel reported 13,417 shares or 0.03% of all its holdings. Moreover, Trust Communications Of Toledo Na Oh has 0.47% invested in American Electric Power Company Inc (NYSE:AEP). Da Davidson And holds 0.02% of its portfolio in American Electric Power Company Inc (NYSE:AEP) for 14,363 shares.

Since May 16, 2017, it had 0 buys, and 1 sale for $75,706 activity.

American Electric Power (NYSE:AEP) Rating Reaffirmed

Research analysts at JP Morgan now has a $75 target on American Electric Power (NYSE:AEP). JP Morgan and their recent target indicates a potential upside of 2.31 % from the company’s last stock price. The rating has been shown in a note on Thursday, 12 October.

Investors sentiment increased to 1.09 in Q2 2017. Its up 0.10, from 0.99 in 2017Q1. It increased, as 37 investors sold American Electric Power Company Inc shares while 255 reduced holdings. 72 funds opened positions while 245 raised stakes. 348.55 million shares or 2.95% more from 338.55 million shares in 2017Q1 were reported.

Texas Yale Corp holds 0.02% or 2,945 shares in its portfolio. South Dakota Invest Council owns 11,600 shares for 0.02% of their portfolio. Argi Inv Svcs Limited Liability Company reported 12,238 shares or 0.06% of all its holdings. Loring Wolcott And Coolidge Fiduciary Advisors Llp Ma invested in 1,741 shares or 0% of the stock. Utah Retirement Systems stated it has 90,240 shares. Cornerstone Advisors reported 0.18% stake. Carroll Fincl Inc has 7,663 shares for 0.06% of their portfolio. Nomura Inc invested 0.01% in American Electric Power Company Inc (NYSE:AEP). 1St Source Financial Bank owns 34,526 shares or 0.21% of their US portfolio. Barry Invest Advisors Ltd Liability holds 0.11% in American Electric Power Company Inc (NYSE:AEP) or 4,187 shares. Atwood And Palmer holds 0.06% or 5,800 shares. Ajo Ltd Partnership invested 0.89% of its portfolio in American Electric Power Company Inc (NYSE:AEP). Johnson Counsel reported 13,417 shares or 0.03% of all its holdings. Moreover, Trust Communications Of Toledo Na Oh has 0.47% invested in American Electric Power Company Inc (NYSE:AEP). Da Davidson And holds 0.02% of its portfolio in American Electric Power Company Inc (NYSE:AEP) for 14,363 shares.

Since May 16, 2017, it had 0 buys, and 1 sale for $75,706 activity.

American Electric Power Company Inc (NYSE:AEP) Ratings Coverage

Among 18 analysts covering American Electric Power Company Inc. (NYSE:AEP), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. American Electric Power Company Inc. has $77 highest and $7 lowest target. $65.47’s average target is -10.69% below currents $73.31 stock price. American Electric Power Company Inc. had 55 analyst reports since August 18, 2015 according to SRatingsIntel. As per Friday, July 28, the company rating was maintained by BMO Capital Markets. Mizuho initiated the shares of AEP in report on Tuesday, August 18 with “Buy” rating. The firm has “Equal-Weight” rating by Morgan Stanley given on Friday, September 8. RBC Capital Markets maintained the shares of AEP in report on Monday, July 31 with “Hold” rating. Guggenheim downgraded American Electric Power Company Inc (NYSE:AEP) on Monday, January 9 to “Neutral” rating. RBC Capital Markets maintained the shares of AEP in report on Thursday, October 13 with “Sector Perform” rating. The firm has “Buy” rating by Jefferies given on Friday, October 23. The company was maintained on Thursday, September 3 by Barclays Capital. Deutsche Bank maintained the stock with “Buy” rating in Tuesday, August 25 report. Barclays Capital maintained the stock with “Overweight” rating in Thursday, April 28 report.

About 1.94M shares traded. American Electric Power Company Inc (NYSE:AEP) has risen 7.63% since October 13, 2016 and is uptrending. It has underperformed by 9.07% the S&P500.

Investors wait American Electric Power Company Inc (NYSE:AEP) to report on November, 7. its quarterly earnings Wall Street analysts expect $1.26 EPS, down $0.04 or 3.08 % from last year’s $1.3 same quarter earnings. This translates into $618.40 million profit for AEP giving the stock a 14.55 P/E. This is assuming the current $1.26 EPS is accurate. American Electric Power Company Inc’s Wall Street analysts see 68.00 % EPS growth, taking into account the $0.75 EPS reproted in the previous quarter,

American Electric Power Company, Inc. is a public utility holding firm that owns, directly or indirectly, all of the outstanding common stock of its public utility subsidiaries and varying percentages of other subsidiaries. The company has market cap of $35.98 billion. The service areas of the Company’s public utility subsidiaries cover the states of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia. It has a 62.72 P/E ratio. The Company’s divisions include Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing.

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