American Electric Power traded at $138.49 this Thursday July 2nd, increasing $3.44 or 2.55 percent since the previous trading session. Looking back, over the last four weeks, American Electric Power gained 9.64 percent. Over the last 12 months, its price rose by 33.34 percent. Looking ahead, we forecast American Electric Power to be priced at 135.81 by the end of this quarter and at 127.51 in one year, according to Trading Economics global macro models projections and analysts expectations.
American Electric Power Company, Inc. (AEP) is a public utility holding company. The service areas of the Company's public utility subsidiaries cover the states of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia. The Company's segments include Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. AEP's vertically integrated utility operations are engaged in the generation, transmission and distribution of electricity for sale to retail and wholesale customers. Transmission and Distribution Utilities segment consists of the transmission and distribution of electricity for sale to retail and wholesale customers. The AEP Transmission Holdco segment develops, constructs and operates transmission facilities. The Generation & Marketing segment conducts marketing, risk management and retail activities.