PPL Corporation with ticker code (PPL) now have 12 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $32.00 and $26.00 and has a mean target at $29.00. Now with the previous closing price of $24.39 this would indicate that there is a potential upside of 18.9%. It’s also worth noting that there is a 50 day moving average of $24.47 and the 200 day moving average is $26.77. The company has a market cap of 17.98B. The current share price for the company is: $24.39 USD
The potential market cap would be $21,375,580,156 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 25.14, revenue per share of $11.76 and a 2.5% return on assets.
PPL Corporation is an energy company focused on providing electricity and natural gas in the United States. The Company, through its regulated utility subsidiaries, delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates electricity from power plants in Kentucky. The Company’s Kentucky Regulated segment consists primarily of Louisville Gas and Electric Company (LG&E’s) and Kentucky Utilities Company (KU’s) regulated electricity generation, transmission and distribution operations, as well as LG&E’s regulated distribution and sale of natural gas. Pennsylvania Regulated segment includes the regulated electricity transmission and distribution operations of PPL Electric Utilities Corporation (PPL Electric). Rhode Island Regulated segment includes the regulated electricity transmission and distribution and natural gas distribution operations of Rhode Island Energy (RIE).
