PPL Corporation – Consensus Indicates Potential 21.6% Upside

Broker Ratings
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PPL Corporation found using ticker (PPL) now have 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 34 and 29 with the average target price sitting at 31.56. With the stocks previous close at 25.95 this now indicates there is a potential upside of 21.6%. The 50 day moving average now sits at 29.02 and the 200 day moving average is 28.58. The company has a market cap of $18,662m. Visit the company website at: https://www.pplweb.com

The potential market cap would be $22,697m 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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