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American Electric Power (AEP) Stock Forecast & Price Target

$87.74
-0.56 (-0.63%)
(As of 06/28/2024 08:55 PM ET)

American Electric Power - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$88.62
1.00% Upside
High Forecast$100.00
Average Forecast$88.62
Low Forecast$77.00
TypeCurrent Forecast
7/2/23 to 7/1/24
1 Month Ago
6/2/23 to 6/1/24
3 Months Ago
4/3/23 to 4/2/24
1 Year Ago
7/2/22 to 7/2/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
Hold
5 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$88.62$88.64$87.08$97.83
Forecasted Upside1.00% Upside4.92% Upside6.67% Upside8.54% Upside

AEP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AEP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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American Electric Power Stock vs. The Competition

TypeAmerican Electric PowerUtilities CompaniesS&P 500
Consensus Rating Score
2.42
2.45
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside1.00% Upside68.27% Upside11.52% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/24/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$98.00 ➝ $94.00+6.96%
6/6/2024LADENBURG THALM/SH SH
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P. Fremont
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UpgradeSell ➝ Neutral$73.00 ➝ $86.00-3.32%
5/14/2024BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$95.00 ➝ $99.00+8.99%
5/3/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$90.00 ➝ $100.00+13.51%
5/2/2024Barclays
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 Boost TargetEqual Weight ➝ Equal Weight$84.00 ➝ $88.00-0.34%
5/1/2024Scotiabank
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 Boost TargetSector Outperform ➝ Sector Outperform$86.00 ➝ $90.00+1.23%
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5/1/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$84.00 ➝ $89.00+0.69%
3/11/2024UBS Group
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 DowngradeNeutral ➝ Sell$86.00 ➝ $83.00-1.00%
2/27/2024Cfra
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 Reiterated RatingBuy ➝ Buy$90.00 ➝ $92.00+10.18%
1/22/2024Guggenheim
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 DowngradeBuy ➝ Neutral$81.00+4.25%
1/11/2024Mizuho
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 DowngradeBuy ➝ Neutral$83.00+0.56%
10/12/2023JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$96.00 ➝ $90.00+22.05%
10/12/2023Bank of America
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 Lower Target$91.00 ➝ $77.00+2.28%
6/7/2023The Goldman Sachs Group
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 Initiated CoverageBuy$98.00+15.87%
4/17/2023Citigroup
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 Boost TargetNeutral$99.00 ➝ $100.00+7.19%
12/16/2022Credit Suisse Group
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 Boost TargetOutperform$87.00 ➝ $100.00+7.58%
8/15/2022Evercore ISI
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 Boost Target$107.00+2.33%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 03:32 AM ET.

AEP Forecast - Frequently Asked Questions

What is American Electric Power's stock forecast and purchase recommendation?

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for American Electric Power is $88.62, with a high forecast of $100.00 and a low forecast of $77.00. The consensus rating for American Electric Power stock is Hold based on the current 1 sell rating, 5 hold ratings and 6 buy ratings for AEP. Learn more on AEP's analyst rating history.

Do Wall Street analysts like American Electric Power more than its competitors?

Analysts like American Electric Power less than other "utilities" companies. The consensus rating score for American Electric Power is 2.42 while the average consensus rating score for "utilities" companies is 2.45. Learn more on how AEP compares to other companies.

Is American Electric Power being upgraded by Wall Street analysts?

Over the previous 90 days, American Electric Power's stock had 1 upgrade by analysts.

Does American Electric Power's stock price have much upside?

According to analysts, American Electric Power's stock has a predicted upside of 4.47% based on their 12-month stock forecasts.

What analysts cover American Electric Power?

American Electric Power has been rated by research analysts at Barclays, BMO Capital Markets, LADENBURG THALM/SH SH, Morgan Stanley, Royal Bank of Canada, Scotiabank, and Wells Fargo & Company in the past 90 days.


This page (NASDAQ:AEP) was last updated on 7/1/2024 by MarketBeat.com Staff

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