PPL Corporation – Consensus Indicates Potential 7.4% Upside

Broker Ratings
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PPL Corporation found using ticker (PPL) now have 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 33 and 27 calculating the mean target price we have 30.66. Now with the previous closing price of 28.56 this indicates there is a potential upside of 7.4%. The 50 day MA is 27.76 and the 200 day MA is 28.61. The market capitalisation for the company is $21,340m. You can visit the company’s website by visiting: https://www.pplweb.com

The potential market cap would be $22,909m 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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