PPL Corporation with ticker code (PPL) now have 13 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 26 with the average target price sitting at 30.79. With the stocks previous close at 27.25 this would indicate that there is a potential upside of 13.0%. There is a 50 day moving average of 28.35 while the 200 day moving average is 28.55. The market capitalisation for the company is $20,002m. Find out more information at: https://www.pplweb.com
The potential market cap would be $22,600m 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.
