PPL Corporation – Consensus Indicates Potential 8.4% Upside

Broker Ratings

PPL Corporation found using ticker (PPL) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 33 and 29.3 calculating the mean target price we have 31.66. With the stocks previous close at 29.21 this would indicate that there is a potential upside of 8.4%. The day 50 moving average is 28.5 while the 200 day moving average is 28.75. The market capitalisation for the company is $21,488m. Visit the company website at: https://www.pplweb.com

The potential market cap would be $23,291m 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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