Jefferies has upgraded American Electric Power Company Inc (AEP) to a Buy rating from Hold, effective November 16, 2025. The current share price stands at $122.98.
This upgrade reflects a more optimistic outlook on AEP's prospects, suggesting potential improvements in its fundamentals or business performance. The move underscores growing confidence in the company's strategic direction within the utilities sector.
American Electric Power Company Inc, headquartered in Columbus, Ohio, operates in the generation, transmission, and distribution of electricity. It serves over five million retail customers across multiple states, including Texas, Virginia, and Indiana. The company boasts a market capitalization of $65.4 billion, a P/E ratio of 17.87, and an impressive dividend yield of 309.7%.
Looking ahead, AEP is set to announce its next earnings report on July 27, 2026, with an estimated EPS of $1.49 on projected revenues of $5.5 billion.
Analyst consensus currently stands at Buy, with 3 Strong Buy, 9 Buy, 14 Hold, 1 Sell, and no Strong Sell ratings among 27 total analysts. Recent analyst actions indicate a stable sentiment, with Jefferies' upgrade marking a notable shift in perspective.
Such decisions reflect a broader trend in the utilities industry, where companies are increasingly adapting to changing market conditions and regulatory environments. Analyst ratings serve as one of many inputs for investors to consider when evaluating their financial strategies.