PPL Corporation with ticker code (PPL) have now 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $31.00 and $27.00 calculating the average target share price we see $29.42. (at the time of writing). Given that the stocks previous close was at $27.53 this now indicates there is a potential upside of 6.9%. Also worth taking note is the 50 day moving average now sits at $26.93 and the 200 day MA is $26.04. The total market capitalization for the company now stands at 20.26B. The stock price for the company is currently is currently $27.46 USD
The potential market cap would be $21,648,594,522 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 27.46, revenue per share of $11.28 and a 2.92% return on assets.
PPL Corporation is an energy company focused on providing electricity and natural gas in the United States. The Company, through its regulated utility subsidiaries, delivers electricity to customers in Pennsylvania, Kentucky, Virginia, and Rhode Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates electricity from power plants in Kentucky. The Company’s Kentucky Regulated segment consists primarily of Louisville Gas and Electric Company (LG&E’s) and Kentucky Utilities Company (KU’s) regulated electricity generation, transmission and distribution operations, as well as LG&E’s regulated distribution and sale of natural gas. Pennsylvania Regulated segment includes the regulated electricity transmission and distribution operations of PPL Electric Utilities Corporation (PPL Electric). Rhode Island Regulated segment includes the regulated electricity transmission and distribution and natural gas distribution operations of Rhode Island Energy (RIE).
