PPL Corporation with ticker code (PPL) now have 13 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 34 and 28 and has a mean target at $31.18. Given that the stocks previous close was at $25.91 this would indicate that there is a potential upside of 20.3%. There is a 50 day moving average of $28.19 while the 200 day moving average is $28.08. The market capitalization for the company is $19,728m. Visit the company website at: https://www.pplweb.com
The potential market cap would be $23,741m 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 3.71% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 27.05, revenue per share of 10.74 and a 2.5% return on assets.
