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Analysts Offer Insights on Utilities Companies: Advantage Energy (OtherAAVVF), American Electric Power (AEP) and Exxon Mobil (XOM)

Analysts have been eager to weigh in on the Utilities sector with new ratings on Advantage Energy (AAVVFResearch Report), American Electric Power (AEPResearch Report) and Exxon Mobil (XOMResearch Report).

Advantage Energy (AAVVF)

RBC Capital analyst Michael Harvey maintained a Hold rating on Advantage Energy on August 2 and set a price target of C$13.00. The company’s shares closed last Wednesday at $8.26.

According to TipRanks.com, Harvey is a 5-star analyst with an average return of 25.3% and a 54.1% success rate. Harvey covers the Utilities sector, focusing on stocks such as Crescent Point Energy, Paramount Resources, and Birchcliff Energy.

Advantage Energy has an analyst consensus of Strong Buy, with a price target consensus of $11.11.

See the top stocks recommended by analysts >>

American Electric Power (AEP)

RBC Capital analyst Shelby Tucker maintained a Buy rating on American Electric Power on August 1 and set a price target of $109.00. The company’s shares closed last Wednesday at $99.59.

According to TipRanks.com, Tucker is a top 100 analyst with an average return of 11.4% and a 76.2% success rate. Tucker covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and Nextera Energy Partners.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for American Electric Power with a $105.88 average price target, representing a 7.6% upside. In a report issued on July 21, Morgan Stanley also maintained a Buy rating on the stock with a $111.00 price target.

Exxon Mobil (XOM)

In a report issued on August 1, Biraj Borkhataria from RBC Capital maintained a Buy rating on Exxon Mobil, with a price target of $125.00. The company’s shares closed last Wednesday at $91.02.

According to TipRanks.com, Borkhataria is ranked #3796 out of 7991 analysts.

Currently, the analyst consensus on Exxon Mobil is a Strong Buy with an average price target of $109.65, representing a 16.1% upside. In a report issued on July 19, Bank of America Securities also maintained a Buy rating on the stock with a $120.00 price target.

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