American Electric Power Company, Inc. (NASDAQ:AEP) Given Average Rating of “Hold” by Analysts

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American Electric Power Company, Inc. (NASDAQ:AEPGet Free Report) has been assigned a consensus rating of “Hold” from the twelve brokerages that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $88.62.

A number of equities analysts have issued reports on AEP shares. LADENBURG THALM/SH SH raised American Electric Power from a “sell” rating to a “neutral” rating and increased their price target for the company from $73.00 to $86.00 in a research note on Thursday, June 6th. StockNews.com upgraded shares of American Electric Power from a “sell” rating to a “hold” rating in a research report on Tuesday, May 7th. Royal Bank of Canada raised…

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