PPL Corporation with ticker code (PPL) now have 13 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 34 and 28 calculating the average target price we see 30.64. With the stocks previous close at 28.79 this now indicates there is a potential upside of 6.4%. The 50 day moving average now sits at 28.02 while the 200 day moving average is 28.5. The market capitalisation for the company is $21,400m. You can visit the company’s website by visiting: https://www.pplweb.com
The potential market cap would be $22,775m 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.
