PPL Corporation – Consensus Indicates Potential 14.4% Upside

Broker Ratings
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PPL Corporation found using ticker (PPL) have now 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 34 and 26 calculating the average target price we see 31.03. With the stocks previous close at 27.13 this would indicate that there is a potential upside of 14.4%. The 50 day MA is 28.57 and the 200 day moving average is 28.58. The market cap for the company is $20,429m. Company Website: https://www.pplweb.com

The potential market cap would be $23,365m 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.

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