PPL Corporation with ticker code (PPL) now have 13 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 34 and 29 with a mean TP of 31.56. Given that the stocks previous close was at 28.38 this would indicate that there is a potential upside of 11.2%. The 50 day MA is 29.09 while the 200 day moving average is 28.63. The market cap for the company is $20,724m. Company Website: https://www.pplweb.com
The potential market cap would be $23,046m based on the market concensus.
PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. It serves approximately 429,000 electric and 333,000 natural gas customers in Louisville and adjacent areas in Kentucky; 538,000 electric customers in central, southeastern, and western Kentucky; and 28,000 electric customers in five counties in southwestern Virginia. The company also provides electric services to approximately 1.4 million customers in Pennsylvania; and generates electricity from coal, gas, hydro, and solar sources in Kentucky; and sells wholesale electricity to two municipalities in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.
