PPL Corporation with ticker code (PPL) now have 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 34 and 28 with the average target price sitting at $31.64. Given that the stocks previous close was at $28.60 and the analysts are correct then there would likely be a percentage uptick in value of 10.6%. The 50 day MA is $27.70 and the 200 moving average now moves to $28.19. The total market capitalization for the company now stands at $21,146m. Visit the company website at: https://www.pplweb.com
The potential market cap would be $23,394m based on the market consensus.
PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. It operates through three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company serves customers in Louisville and adjacent areas in Kentucky; electric customers in central, southeastern, and western Kentucky; and electric customers in five counties in southwestern Virginia. It also delivers electricity to customers in 29 counties within eastern and central Pennsylvania; and generates electricity from coal, gas, hydro, and solar sources in Kentucky; and sells wholesale electricity to two municipalities in Kentucky. The company was founded in 1920 and is headquartered in Allentown, Pennsylvania.
The company has a dividend yield of 3.35% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 29.89, revenue per share of 10.74 and a 2.5% return on assets.
