PPL Corporation which can be found using ticker (PPL) now have 13 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 34 and 29 calculating the average target price we see $31.72. Given that the stocks previous close was at $26.76 this would indicate that there is a potential upside of 18.5%. There is a 50 day moving average of $28.68 and the 200 moving average now moves to $28.21. The company has a market capitalization of $19,883m. You can visit the company’s website by visiting: https://www.pplweb.com
The potential market cap would be $23,568m 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 3.61% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 27.82, revenue per share of 10.74 and a 2.5% return on assets.
