American Electric Power (AEP) Gets a Buy Rating from UBS

By Jason Carr

UBS analyst Daniel Ford maintained a Buy rating on American Electric Power (AEPResearch Report) today and set a price target of $105. The company’s shares closed last Monday at $93.18, close to its 52-week high of $93.38.

According to, Ford is a 5-star analyst with an average return of 7.8% and a 67.3% success rate. Ford covers the Utilities sector, focusing on stocks such as Hawaiian Electric Industries, Pinnacle West Capital Corp, and Public Service Enterprise.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for American Electric Power with a $96 average price target.

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American Electric Power’s market cap is currently $46.01B and has a P/E ratio of 23.33. The company has a Price to Book ratio of 2.39.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AEP in relation to earlier this year.

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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.