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Goldman Sachs Remains a Buy on American Electric Power (AEP)
In a report released today, from Goldman Sachs maintained a Buy rating on American Electric Power, with a price target of $142.00.
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Currently, the analyst consensus on American Electric Power is a Moderate Buy with an average price target of $140.79.
Based on American Electric Power’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.05 billion and a net profit of $582 million. In comparison, last year the company earned a revenue of $4.7 billion and had a net profit of $664.1 million
Read More on AEP:
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- American Electric price target raised to $135 from $128 at Barclays
- American Electric names Maryam Brown president, COO, Indiana Michigan Power
- American Electric price target raised to $141 from $136 at BMO Capital
- American Electric price target raised to $137 from $133 at Morgan Stanley
- AEP Ohio partners with Energy Department, SB Energy for Ohio infrastructure
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