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American Electric Power Company, Inc. (AEP) [hlAlert]

up 18.34 %

American Electric Power Company, Inc. (AEP) rated Buy with price target $66 by Argus

Posted on: Wednesday,  Dec 3, 2014  8:25 AM ET by Argus

Argus rated Buy American Electric Power Company, Inc. (NYSE: AEP) on 12/03/2014. Previously Argus rated Buy American Electric Power Company, Inc. (NYSE: AEP)
on 07/31/2013., when the stock price was $46.40. Since then, American Electric Power Company, Inc. has gained 18.34% as of 12/15/2015's recent price of $54.91.
If you would have followed the previous Argus's recommendation on AEP, you would have gained 18.34% of your investment in 867 days.

American Electric Power is a public utility holding company which owns,directly or indirectly, all of the outstanding common stock of its domesticelectric utility subsidiaries and varying percentages of other subsidiaries. Substantially all of the operating revenues of AEP and its subsidiaries are derived from the furnishing of electric service. The Company's operations are divided into three business segments: Wholesale, Energy Delivery and Other.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/3/2014 8:25 AM Buy
58.43 66.00
as of 10/17/2014
1 Week up  1.33 %
1 Month up  2.41 %
3 Months up  2.11 %
1 YTD up  16.83 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/31/2013 2:25 PM Buy
46.40 52.00

(*) Stock Price at the time of the recommendation.
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