<div id="readability-page-1"><p><span>American Electric Power (NASDAQ:AEP - Get Free Report)</span> had its target price hoisted by analysts at Scotiabank  from $121.00 to $131.00 in a report issued on Tuesday,MarketScreener reports. The brokerage presently has a &#34;sector perform&#34; rating on the stock. Scotiabank's target price points to a potential upside of 14.34% from the stock's previous close.</p><ul><li>Investors Boost American Electric Power on AI Growth</li></ul><p>AEP has been the topic of several other reports. BTIG Research began coverage on shares of American Electric Power in a research report on Tuesday, October 21st. They issued a &#34;neutral&#34; rating on the stock. Morgan Stanley  set a $120.00 price target on shares of American Electric Power in a report on Tuesday. Citigroup increased their price target on shares of American Electric Power from $111.00 to $132.00 and gave the company a &#34;neutral&#34; rating in a research report on Friday, October 31st. Mizuho lifted their price objective on American Electric Power from $113.00 to $123.00 and gave the stock a &#34;neutral&#34; rating in a research report on Thursday, October 30th. Finally, JPMorgan Chase &amp; Co. increased their target price on American Electric Power from $121.00 to $125.00 and gave the company a &#34;neutral&#34; rating in a report on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued  a Buy rating, eight have given a Hold rating and one  has given a Sell rating to the company's stock. According to MarketBeat.com, the stock  has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $126.21.</p><p><b>Get Our Latest Analysis on AEP</b></p><h2>American Electric Power Trading Down 1.0%</h2><ul><li>Bloom Energy Booms on AI Power Demand and Analyst Upgrades</li></ul><p>Shares of AEP opened at $114.57 on Tuesday. The firm has a market capitalization of $61.19 billion, a P/E ratio of 16.70, a PEG ratio of 3.02 and a beta of 0.61. The company has a current ratio of 0.69, a quick ratio of 0.53 and a debt-to-equity ratio of 1.41. The firm's 50-day moving average is $119.07 and its two-hundred day moving average is $111.91. American Electric Power has a twelve month low of $89.91 and a twelve month high of $124.80. </p><p>American Electric Power (NASDAQ:AEP - Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $1.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.81 by ($0.01). The firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.65 billion. American Electric Power had a return on equity of 11.00% and a net margin of 17.23%.The business's revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.85 earnings per share. American Electric Power has set its FY 2025 guidance at 5.850-5.95 EPS.  On average, research analysts predict that  American Electric Power will post 5.87 earnings per share for the current fiscal year. </p><h2>Insider Transactions at American Electric Power</h2><ul><li>MarketBeat Week in Review – 08/11 - 08/15</li></ul><p>In other news, Director Benjamin G. S. Fowke III sold 5,000 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $115.07, for a total transaction of $575,350.00. Following the completion of the transaction, the director directly owned 25,898 shares in the company, valued at approximately $2,980,082.86. This represents a 16.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Kelly J. Ferneau sold 1,006 shares of the stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $112.00, for a total transaction of $112,672.00. Following the transaction, the executive vice president owned 5,676 shares in the company, valued at $635,712. This trade represents a 15.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 16,006 shares of company stock valued at $1,883,522 in the last quarter. Company insiders own  0.07% of the company's stock. </p><h2>Hedge Funds Weigh In On American Electric Power</h2><p>Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of  American Electric Power by 0.4% in the 2nd quarter. Vanguard Group Inc. now owns 52,467,779 shares of the company's stock valued at $5,444,057,000 after buying an additional 197,998 shares during the period.  State Street Corp lifted its holdings in shares of  American Electric Power by 1.4% in the 3rd quarter. State Street Corp now owns 28,922,911 shares of the company's stock worth $3,253,827,000 after purchasing an additional 406,445 shares during the last quarter.  Geode Capital Management LLC boosted its position in  American Electric Power by 2.2% during the 2nd quarter. Geode Capital Management LLC now owns 13,352,192 shares of the company's stock valued at $1,379,532,000 after purchasing an additional 285,000 shares during the period.  Invesco Ltd. increased its position in  American Electric Power by 5.9% in the second quarter. Invesco Ltd. now owns 7,802,211 shares of the company's stock worth $809,557,000 after buying an additional 432,441 shares during the period.  Finally, Ameriprise Financial Inc. lifted its stake in  American Electric Power by 26.8% in the third quarter. Ameriprise Financial Inc. now owns 6,084,813 shares of the company's stock valued at $684,772,000 after buying an additional 1,285,279 shares during the last quarter. 75.24% of the stock is currently owned by institutional investors and hedge funds. </p><h2>American Electric Power Company Profile</h2> (Get Free Report)<p>American Electric Power Company, Inc, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation &amp; Marketing segments.</p><h2>See Also</h2><ul><li>Five stocks we like better than American Electric Power</li><li>What is a Death Cross in Stocks?</li><li>25 Years Later, Cisco Finally Recovers From the Dot-Com Crash</li><li>How to Find Undervalued Stocks</li><li>AI Chips Can’t Exist Without These 2 Underrated Tech Giants</li><li>Overbought Stocks Explained: Should You Trade Them?</li><li>Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart Buy</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUVQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in American Electric Power Right Now?</h2><p>Before you consider American Electric Power, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Electric Power wasn't on the list.</p><p>While American Electric Power currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Scotiabank raised its target price for American Electric Power (NASDAQ:AEP) from $121.00 to $131.00, maintaining a "sector perform" rating. This suggests a potential 14.34% upside from the previous close. Other analysts have varied ratings, with a consensus target price of $126.21. AEP's stock opened at $114.57, with a market cap of $61.19 billion. Recent insider transactions include sales by Director Benjamin G. S. Fowke III and EVP Kelly J. Ferneau. Hedge funds like Vanguard Group Inc. have increased their holdings in AEP.</p>

Scotiabank Issues Positive Forecast for American Electric Power (NASDAQ:AEP) Stock Price