PPL Corporation – Consensus Indicates Potential 6.1% Upside

Broker Ratings
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PPL Corporation found using ticker (PPL) have now 12 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 29.3 and has a mean target at 31.78. Now with the previous closing price of 29.94 this would imply there is a potential upside of 6.1%. The 50 day MA is 29.1 and the 200 moving average now moves to 28.79. The company has a market capitalisation of $21,952m. Find out more information at: https://www.pplweb.com

The potential market cap would be $23,301m 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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