Citigroup Analyst Brian Chin Likes American Electric Power (AEP)

Citigroup analyst Brian Chin said in Barron's that he sees positive things in American Electric Power (NYSE: AEP). The stock has the lowest P/E ratio compared to other companies in the sector. Brian Chin thinks that at $30 it trades for less than 11 times projected 2009 profits.

On Friday, American Electric Power (AEP) gained 0.03% and had a volume of $3.47M which is less than its average volume of $5.41M.