American Electric Power (AEP) Upgraded by Guggenheim to "Neutral"
- Hope Soto
The stock increased 0.64% or $0.54 during the last trading session, reaching $85.41. About 58.49M shares traded. (NYSE:AEP) has risen 7.63% since February 21, 2017 and is uptrending. It has outperformed by 7.46% the S&P500. (The) set a $29.00 target price on General Electric and gave the company a "neutral" rating in a research report on Friday, July 7th. The company was downgraded on Monday, September 21 by Oppenheimer. The firm has "Overweight" rating given on Monday, October 12 by Barclays Capital.
Guggenheim upgraded shares of American Electric Power (NYSE:AEP) from a sell rating to a neutral rating in a research note issued to investors on Tuesday morning, Marketbeat Ratings reports. The firm earned "Buy" rating on Wednesday, October 14 by Stifel Nicolaus. They presently have a $16.00 price target on the conglomerate's stock. Citizens & Northern Corp holds 11,878 shares. The Company's Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. Cowen & Co maintained it with "Hold" rating and $24.0 target in Thursday, October 19 report. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the stock.
Wade G W & Inc, which manages about $4.63B and $824.29 million US Long portfolio, upped its stake in Spdr Gold Trust (GLD) by 3,451 shares to 17,600 shares, valued at $2.14M in 2017Q3, according to the filing. Advisory Services Network LLC lifted its holdings in shares of American Electric Power by 6.5% in the second quarter.
Since August 22, 2017, it had 1 buy, and 0 selling transactions for $43,446 activity. TISCH JAMES S bought $2.46M worth of stock.
Price earnings ratio (P/E) ratio Analysis about American Electric Power Company, Inc. Comparatively, GE posted earnings of $0.34 per share in the same quarter, a year earlier. After $0.27 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts -55.56% negative EPS growth.
Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 1.03 in 2017Q2.
Several large investors have recently bought and sold shares of the business.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Usca Ria Ltd Liability Com has 0.64% invested in General Electric Company (NYSE:GE). The stock of General Electric Company (NYSE:GE) has "Market Perform" rating given on Monday, April 4 by Bernstein. Washington Bankshares holds 0.95% or 247,680 shares. 16,726 are held by Violich Cap Mgmt Inc. Signalpoint Asset Mngmt Limited Liability Co stated it has 36,466 shares or 0.45% of all its holdings. On Thursday, March 23 the stock rating was maintained by RBC Capital Markets with "Positive". Research analysts expect Portland General Electric to earn $2.39 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 56.9%. Burt Wealth accumulated 20,118 shares or 0.32% of the stock. Cap Advsr holds 0.06% or 6,894 shares in its portfolio. Sumitomo Mitsui Hldg has invested 0.84% in General Electric Company (NYSE:GE). Prelude Capital Mgmt Ltd Company holds 0.02% or 1,264 shares in its portfolio. 30,000 are held by Paw Capital. General Electric Company has a 12 month low of $20.64 and a 12 month high of $32.38. 103 funds opened positions while 367 raised stakes. Over the last five days, shares have faced -3.37% losses and now is down -20.84% since hitting its 200-day moving average of $3.38. It has price to book ratio of 1.81, which gauges the market price of a share over its book value. Us Fincl Bank De reported 11.55 million shares. Pathstone Family Office Ltd Liability Corp owns 5,260 shares. Dupont Cap Mgmt stated it has 0.06% of its portfolio in General Electric Company (NYSE:GE). Ontario Teachers Pension Plan Board holds 62,037 shares or 0.13% of its portfolio. Excalibur Management has 185,594 shares for 3.81% of their portfolio. Clear Harbor Asset Management Ltd Co reported 0.3% stake. 525.28 million shares or 0.91% more from 520.53 million shares in 2017Q2 were reported. Markston Limited Liability Corporation accumulated 207,929 shares. Shelter Retirement Plan invested in 2.44% or 217,000 shares. Moreover, Cambridge Trust has 0.06% invested in Waste Management, Inc. Jacobs And Ca, a California-based fund reported 272,085 shares.
New Gold Inc. has a consensus hold rating from 18 Wall Street analysts, and the number of shares now sold short amount to at least 1.94% of shares outstanding. Therefore 89% are positive. Dairy Crest Group had 97 analyst reports since July 24, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, September 8 by RBC Capital Markets. (NYSE:WM) on Friday, July 29 with "In-Line" rating. Superior Energy Services, Inc. Zacks Investment Research downgraded American Electric Power from a hold rating to a sell rating in a research note on Tuesday, December 12th. On Friday, July 7 the stock rating was maintained by Stifel Nicolaus with "Buy". American Electric Power now has an average rating of "Buy" and a consensus target price of $74.36. Jefferies maintained American Electric Power Company, Inc. (NYSE:WM) rating on Thursday, October 22. The stock has a market capitalization of $125,660.00, a price-to-earnings ratio of 13.42, a P/E/G ratio of 2.86 and a beta of 0.93.
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