At First Glance, Such A Possibility Seems Ridiculous: American Electric Power Company, Inc. (AEP), Energy Transfer Equity, L.P. (ETE)

American Electric Power Company, Inc. (NYSE:AEP) recently ticked higher on weak volume. About 3.18 million contracts were traded on 12-Mar-18 compared to daily average volume of 3.46 million shares. The first sale was made at $65.74 but later the stock became weaker, and closed with a gain of 0.34%. It was last traded at $65.87 apiece.

American Electric Power Company, Inc. (AEP): Outperform Candidate With 10.92% Upside Potential

American Electric Power Company, Inc. is maintained at an average outperform rating by 18 stock analysts, and there are at least 1.47% of shares outstanding that are currently legally short sold. The shares went up by 3.93% in value last month. Year-to-date it plunged -10.47%. Analysts are turning out to be more optimistic than before, with 11 of analysts who cover American Electric Power Company, Inc. (NYSE:AEP) advice adding it to buy candidate list. Wall Street experts also assign a $73.06 price target on American Electric Power Company, Inc., pointing towards a 10.92% rally from current levels. The stock is trading for about -15.63% less than its 52-week high.

American Electric Power Company, Inc. Reports -8.51% Sales Growth

American Electric Power Company, Inc. (AEP) remained successful in beating the consensus-estimated $0.79 as it actually earned $0.85 per share in its last reported financial results. Revenue, on the other hand, scored -8.51% growth from the previous quarter, coming up with $3.75 billion.

AEP Retreats -0.93% In A Week

This company shares (AEP) so far managed to recover 4.03% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 1.13% while shortening the period to a week, volatility was 1.9%. The share price has already crossed its 20 days moving average, floating at a distance of 0.07% and sits -2.72% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -0.93% losses and is down by -7.83% compared with its 200-day moving average of $71.77. Also, American Electric Power Company, Inc. (AEP) needs to expand a 0.72% increase it experienced over the past twelve months.

Energy Transfer Equity, L.P. (NYSE:ETE) Consensus Call At 1.9

As regular trading ended, Energy Transfer Equity, L.P. (ETE) stock brought in a -$0.02 drop to $15.52. The day started at a price of $15.48 but then traded as high as $15.6 before giving part of the gains back. As for this week, analysts appear content to stick with their bright outlook with the consensus call at 1.9. Energy Transfer Equity, L.P. is given 7 buy-equivalent recommendations, 0 sells and 4 holds. The company shares sank -21.7% from their peak of $19.82 and now has a $16.64 billion market value of equity.

Energy Transfer Equity, L.P. Could Grow 31.51% More

ETE’s mean recommendation on Reuter’s scale slipped from 1.89 thirty days ago to 1.81 now, which indicates a buy consensus from the analyst community. They see Energy Transfer Equity, L.P. (ETE) price hitting a mean target of $20.41 a share, meaning the stock still has potential that could lift the price another 31.51% Also, the recent close suggests the stock is underpriced by 54.64% compared to the most bullish target.

Energy Transfer Equity, L.P. (ETE) Returns -10.08% This Year

The company had seen its current volume reaching at 3.69 million shares in the last trade. That compares with the recent volume average of 5.96 million. At the close of regular trading, its last week’s stock price volatility was 2.97% which for the month reaches 2.18%. Energy Transfer Equity, L.P. dipped to as low as $15.41 throughout the day and has returned -10.08% in this year. At one point in the past year, the shares traded as low as $15.03 but has recovered 3.29% since then.

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