American Electric Power Company, Inc. (AEP) has disclosed a new risk, in the Manufacturing category.
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American Electric Power Company, Inc. (AEP) faces inherent risks in its operations, with the potential for its activities to result in damage to property and harm to both employees and the public. The dangers of electricity are ever-present, with the risk of contact through downed power lines or equipment malfunctions leading to serious safety concerns. Moreover, AEP’s transmission, distribution, and generation facilities could inadvertently spark wildfires, posing additional threats. Despite insurance measures, the financial impact of such liabilities, including those from the actions of contractors, could be substantial and exceed coverage limits.
The average AEP stock price target is $86.50, implying 2.89% upside potential.
To learn more about American Electric Power Company, Inc.’s risk factors, click here.
