PPL Corporation with ticker code (PPL) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 34 and 29 calculating the average target price we see 31.72. With the stocks previous close at 27.12 this indicates there is a potential upside of 17.0%. The day 50 moving average is 29.04 and the 200 moving average now moves to 28.31. The company has a market capitalisation of $20,178m. You can visit the company’s website by visiting: https://www.pplweb.com
The potential market cap would be $23,600m based on the market concensus.
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PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. It operates through three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company serves customers in Louisville and adjacent areas in Kentucky; electric customers in central, southeastern, and western Kentucky; and electric customers in five counties in southwestern Virginia. It also delivers electricity to customers in 29 counties within eastern and central Pennsylvania; and generates electricity from coal, gas, hydro, and solar sources in Kentucky; and sells wholesale electricity to two municipalities in Kentucky. The company was founded in 1920 and is headquartered in Allentown, Pennsylvania.